Norway: Future Castberg Revenues to Reach $16.6 bln
The potential future revenues to the Norwegian state from the Johan Castberg oilfield is estimated at 138 billion Norwegian crowns ($16.59 billion), Minister of Petroleum and Energy Terje Soeviknes said in a statement.
Statoil on Tuesday presented a $5.9 billion plan to develop the field.
Reporting by Terje Solsvik
