Europe's main LNG plant owner Statoil cuts oil break-even for projects to under $50

Thursday, 04 February 2016

Norwegian energy company Statoil, operator of Europe's largest LNG production plant at Hammerfest, said most of its future energy projects already have a break-even oil price below $50 per barrel as it posted full-year losses of 37.3Bln Norwegian crowns ($4.4Bln).


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Last modified on Thursday, 04 February 2016 08:05
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