Knut Storberget, head of the Defense Commission under the Norwegian government, said Oslo needed to strengthen its defense capacity, raising the state’s defense spending to an “unrealistically high level”. Words lead the way NRK.
“It is necessary to strengthen the defensive capability … Significantly … We need to rethink security. What we are doing today is bad. The needs of the future go beyond what we planned,” said Storberget.
He noted that “expenditures should be raised to an unrealistically high level”.
The Defense Commission also stressed that Norway’s defense budget should be “immediately increased” by NOK 30 billion ($2.7 billion) from 2024.
formerly Bloomberg WroteNorwegian oil companies will develop new raw material deposits in the Barents Sea, which will allow the country to remain a major oil supplier to Europe.