Norwegian government plans to reduce its stake in Statoil

Source: Bloomberg
Recently, Norwegian government announced its plans to decrease its ownership in Statoil ASA, which accounts for about 20% of the main index for Oslo. The symbol of Norway's wealth is by 67% owned by the government, and now it is looking for international expansion outside Norway. Today, Statoil ASA shares are declining 0.47% to 147.90 kronor by 14:40 GMT in Oslo.

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