natgillin/translations-raw huggingface dataset:
Reception at the Norwegian EXPO Pavillion for energy companies
Mottagelse på den norske EXPO-paviljongen for energiselskap
Ladies and gentlemen, It is truly an honor for me to be here in Shanghai, China and to experience the EXPO 2010 – a most impressive achievement.
Ladies and gentlemen, It is truly an honor for me to be here in Shanghai, China and to experience the EXPO 2010 – a most impressive achievement.
I am also delighted to be here at this informal gathering to say a few words about the Norwegian Energy competence, which is one of our most important export products today.
I am also delighted to be here at this informal gathering to say a few words about the Norwegian Energy competence, which is one of our most important export products today.
Norway is a significant energy nation – also on the global scene.
Norway is a significant energy nation – also on the global scene.
Whether you represent the renewable energy sector or the petroleum sector, I am confident that you can all agree with me on this.
Whether you represent the renewable energy sector or the petroleum sector, I am confident that you can all agree with me on this.
Access to energy is cardinal for economic growth and development.
Access to energy is cardinal for economic growth and development.
The underlying trend is a growing demand for energy in the years to come.
The underlying trend is a growing demand for energy in the years to come.
At the same time, we need to shift from a carbon intensive energy consumption to a low emission energy future.
At the same time, we need to shift from a carbon intensive energy consumption to a low emission energy future.
Both these trends are a fundamental asset for exporting the Norwegian energy competence.
Both these trends are a fundamental asset for exporting the Norwegian energy competence.
Norway has more than one hundred years of experience as an energy nation.
Norway has more than one hundred years of experience as an energy nation.
It all started with hydropower in early 1900 and today we are a major petroleum exporter.
It all started with hydropower in early 1900 and today we are a major petroleum exporter.
Our rich energy resources are largely the reason why Norway today is completely different from what it was a hundred years ago when Norway was among the least wealthy European nations.
Our rich energy resources are largely the reason why Norway today is completely different from what it was a hundred years ago when Norway was among the least wealthy European nations.
The development of our hydropower resources was important in the development of Norway as a modern industrial nation.
The development of our hydropower resources was important in the development of Norway as a modern industrial nation.
Norway is even today the world’s sixth largest producer of renewable hydropower and hydropower accounts for 99% of our domestic electricity production.
Norway is even today the world’s sixth largest producer of renewable hydropower and hydropower accounts for 99% of our domestic electricity production.
The Norwegian petroleum industry has since the discovery of Ekofisk in 1969 created significant value for the Norwegian society.
The Norwegian petroleum industry has since the discovery of Ekofisk in 1969 created significant value for the Norwegian society.
Using the North Sea as a research laboratory, Norway has built a substantial petroleum cluster with state of the art technology in several areas where we have managed to remain competitive.
Using the North Sea as a research laboratory, Norway has built a substantial petroleum cluster with state of the art technology in several areas where we have managed to remain competitive.
Competitiveness, competence and technology will be the key elements for the Norwegian petroleum and energy industry also in the future.
Competitiveness, competence and technology will be the key elements for the Norwegian petroleum and energy industry also in the future.
During this energy day here at the Norwegian Pavilion you have discussed issues that are very relevant for the industry today.
During this energy day here at the Norwegian Pavilion you have discussed issues that are very relevant for the industry today.
The issues have ranged from how to implement smart renewables to the development of the global FPSO market and further on to risk management in large offshore projects.
The issues have ranged from how to implement smart renewables to the development of the global FPSO market and further on to risk management in large offshore projects.
I hope the seminars and the discussions have been interesting and that they have lead to increased interest in collaboration between you, the participants.
I hope the seminars and the discussions have been interesting and that they have lead to increased interest in collaboration between you, the participants.
Our common aims should be to increase the accessibility of new renewables and cleaner fossil fuels as well as maximize the value created for both parties.
Our common aims should be to increase the accessibility of new renewables and cleaner fossil fuels as well as maximize the value created for both parties.
The Norwegian government supports the international activities of the Norwegian petroleum industry and the renewable energy industry.
The Norwegian government supports the international activities of the Norwegian petroleum industry and the renewable energy industry.
The Norwegian Oil and Gas Partners (INTSOK) and Norwegian Renewable Energy Partners (INTPOW) have as their exclusive task to help the Norwegian industry to establish themselves in markets abroad.
The Norwegian Oil and Gas Partners (INTSOK) and Norwegian Renewable Energy Partners (INTPOW) have as their exclusive task to help the Norwegian industry to establish themselves in markets abroad.
Their main asset is their extensive knowledge of the energy industries and an invaluable international network.
Their main asset is their extensive knowledge of the energy industries and an invaluable international network.
Being large energy nations, China and Norway are increasingly interlinked through cooperation between Chinese and Norwegian companies - in the renewable energy industry as well as the petroleum industry.
Being large energy nations, China and Norway are increasingly interlinked through cooperation between Chinese and Norwegian companies - in the renewable energy industry as well as the petroleum industry.
We have several examples of this, in particular in the fields of hydropower and construction of offshore facilities.
We have several examples of this, in particular in the fields of hydropower and construction of offshore facilities.
Globalization of the petroleum and energy industry is an ongoing trend – and the main reason for why we are here today.
Globalization of the petroleum and energy industry is an ongoing trend – and the main reason for why we are here today.
Energy competence is, and will continue to be, the most important export product for Norway.
Energy competence is, and will continue to be, the most important export product for Norway.
Let me start by thanking Offshore Northern Seas and the Munich Security Conference for jointly organising this first Energy Security summit in Norway.
Let me start by thanking Offshore Northern Seas and the Munich Security Conference for jointly organising this first Energy Security summit in Norway.
By bringing together some of the world’s top energy experts and finest security analysts, you have certainly set the stage for a discussion about one of the most fundamental issues of our time:
By bringing together some of the world’s top energy experts and finest security analysts, you have certainly set the stage for a discussion about one of the most fundamental issues of our time:
The role of energy in geopolitics.
The role of energy in geopolitics.
Today, as the world is facing an unprecedented cocktail of security challenges – ranging from terrorism and violent extremism to failing states and mass migration – this discussion is more important than ever.
Today, as the world is facing an unprecedented cocktail of security challenges – ranging from terrorism and violent extremism to failing states and mass migration – this discussion is more important than ever.
We simply cannot understand the world we live in unless we understand the global energy landscape.
We simply cannot understand the world we live in unless we understand the global energy landscape.
And understanding global security challenges is crucial for formulating sound and forward-looking energy policies.
And understanding global security challenges is crucial for formulating sound and forward-looking energy policies.
Although pointing that out to this audience feels rather like ‘taking coals to Newcastle’.
Although pointing that out to this audience feels rather like ‘taking coals to Newcastle’.
Indeed, there are plenty of examples to illustrate the interaction between foreign policy and energy.
Indeed, there are plenty of examples to illustrate the interaction between foreign policy and energy.
Let me mention only a few:
Let me mention only a few:
Low oil prices have plunged countries like Nigeria and Venezuela into deep financial crisis.
Low oil prices have plunged countries like Nigeria and Venezuela into deep financial crisis.
In Iraq, oil is at the heart of every aspect of the country’s ability to survive as a state.
In Iraq, oil is at the heart of every aspect of the country’s ability to survive as a state.
And Russia’s violations of international law in the Ukraine have made energy security a pressing issue in most European capitals.
And Russia’s violations of international law in the Ukraine have made energy security a pressing issue in most European capitals.
I could go on, but the point is: Energy is crucial in order to understand today’s world - also for a Foreign Minister
I could go on, but the point is: Energy is crucial in order to understand today’s world - also for a Foreign Minister
We are facing a more challenging and unpredictable global political situation than we have for many decades.
We are facing a more challenging and unpredictable global political situation than we have for many decades.
We can look back at 25 years of unprecedented growth.
We can look back at 25 years of unprecedented growth.
Global value creation has doubled and world trade has multiplied four times since 1990.
Global value creation has doubled and world trade has multiplied four times since 1990.
The number of people living in extreme poverty has been halved, while at the same time the global population has increased by two billion people.
The number of people living in extreme poverty has been halved, while at the same time the global population has increased by two billion people.
But in the last few years, anaemic growth, failing states and growing protectionism have threatened to undermine some of the progress that has been achieved.
But in the last few years, anaemic growth, failing states and growing protectionism have threatened to undermine some of the progress that has been achieved.
It is a great paradox of our time that the globalisation of the world economy is being met with an increasing nationalisation of politics.
It is a great paradox of our time that the globalisation of the world economy is being met with an increasing nationalisation of politics.
We are experiencing greater vulnerability – and a feeling that the international order we have built in Europe, and globally, is fragile.
We are experiencing greater vulnerability – and a feeling that the international order we have built in Europe, and globally, is fragile.
For this audience, there is no need to go into detail about recent changes in the global energy industry.
For this audience, there is no need to go into detail about recent changes in the global energy industry.
I will limit myself to state that the shale revolution in the US can serve as a reminder of how unpredictable the future can be.
I will limit myself to state that the shale revolution in the US can serve as a reminder of how unpredictable the future can be.
This year, the first shipments of LNG reached Europe from the US.
This year, the first shipments of LNG reached Europe from the US.
For the first time, US gas exports are in direct competition with Russian gas – and Norwegian gas – in the European market.
For the first time, US gas exports are in direct competition with Russian gas – and Norwegian gas – in the European market.
Over the next 20 years, 85 % of the world’s growth in energy consumption is expected to take place in Asia.
Over the next 20 years, 85 % of the world’s growth in energy consumption is expected to take place in Asia.
Europe’s relative geopolitical importance is declining as major energy suppliers in the Middle East, Russia and North America look to the east.
Europe’s relative geopolitical importance is declining as major energy suppliers in the Middle East, Russia and North America look to the east.
At the same time, technological developments suggest that we in the future will see more diversified and decentralised energy systems.
At the same time, technological developments suggest that we in the future will see more diversified and decentralised energy systems.
This trend is reinforced by global policy decisions to curb CO2 emissions and provide access to modern energy for all.
This trend is reinforced by global policy decisions to curb CO2 emissions and provide access to modern energy for all.
Let’s not forget that combating climate change is also a question of security.
Let’s not forget that combating climate change is also a question of security.
Climate change is a threat multiplier.
Climate change is a threat multiplier.
It aggravates other security risks, such as conflicts and mass migration, particularly in fragile countries.
It aggravates other security risks, such as conflicts and mass migration, particularly in fragile countries.
So, to accommodate a population growth of 3 billion by 2050, we will have to transform our energy systems, and we will have to decouple economic growth from carbon emissions.
So, to accommodate a population growth of 3 billion by 2050, we will have to transform our energy systems, and we will have to decouple economic growth from carbon emissions.
In many economies, this is already happening.
In many economies, this is already happening.
Investments are shifting from fossil to renewable energy production.
Investments are shifting from fossil to renewable energy production.
The market is working.
The market is working.
However, the day when renewable supplies will be able to meet global energy demands is still far away.
However, the day when renewable supplies will be able to meet global energy demands is still far away.
In the meantime, the world will increasingly rely on natural gas to help bridge the gap between fossil fuels and renewable energy.
In the meantime, the world will increasingly rely on natural gas to help bridge the gap between fossil fuels and renewable energy.
Such profound changes in the global energy landscape have important repercussions for foreign policy interests on at least two levels.
Such profound changes in the global energy landscape have important repercussions for foreign policy interests on at least two levels.
First, we must understand the nexus between global security and energy concerns in order to formulate robust policies that ensure long-term energy security.
First, we must understand the nexus between global security and energy concerns in order to formulate robust policies that ensure long-term energy security.
For an energy-exporting country like Norway, this is about ensuring fundamental commercial and economic interests.
For an energy-exporting country like Norway, this is about ensuring fundamental commercial and economic interests.
We need forward-looking policies that enable our companies to invest in the right technology and enter new markets at the right time.
We need forward-looking policies that enable our companies to invest in the right technology and enter new markets at the right time.
The key question is not so much whether the relative power of states is constant.
The key question is not so much whether the relative power of states is constant.
It is whether old and new actors alike follow the rules of the game.
It is whether old and new actors alike follow the rules of the game.
In short, we have to make sure that emerging powers strengthen global energy markets rather than politicising them.
In short, we have to make sure that emerging powers strengthen global energy markets rather than politicising them.
Second, if we do not understand how foreign affairs and energy markets intersect, we will have great difficulty in achieving other foreign policy goals.
Second, if we do not understand how foreign affairs and energy markets intersect, we will have great difficulty in achieving other foreign policy goals.
Given the stakes involved, discussions on the geopolitics of energy tend to focus on the risk of conflict.
Given the stakes involved, discussions on the geopolitics of energy tend to focus on the risk of conflict.
Without ignoring such concerns, I would like to propose an alternative perspective.
Without ignoring such concerns, I would like to propose an alternative perspective.
The perspective that energy security is essential when addressing pressing foreign policy challenges – such as combating terror, fighting climate change and preventing humanitarian disasters.
The perspective that energy security is essential when addressing pressing foreign policy challenges – such as combating terror, fighting climate change and preventing humanitarian disasters.
Indeed, eradicating poverty, and achieving the SDGs, is only possible if we connect the 1,1 billion currently lacking access to electricity.
Indeed, eradicating poverty, and achieving the SDGs, is only possible if we connect the 1,1 billion currently lacking access to electricity.
The answer to climate change is energy policy.
The answer to climate change is energy policy.
The fight against ISIL can only be won if we cut off their income from selling oil and gas.
The fight against ISIL can only be won if we cut off their income from selling oil and gas.
In fragile and conflict-ridden countries, improved access to modern energy can boost economic growth, employment opportunities and stability.
In fragile and conflict-ridden countries, improved access to modern energy can boost economic growth, employment opportunities and stability.
This is the motivation for Norway’s support to the energy sectors in countries like Myanmar, Liberia and Haiti.
This is the motivation for Norway’s support to the energy sectors in countries like Myanmar, Liberia and Haiti.
We are making our experience and technology available to petroleum-producing developing countries, and assisting their integration into world energy markets.
We are making our experience and technology available to petroleum-producing developing countries, and assisting their integration into world energy markets.
Let me return to Europe and the EU, which is Norway’s most important partner and energy market.
Let me return to Europe and the EU, which is Norway’s most important partner and energy market.
Churchill once said that the farther backward you look, the farther forward are you likely to see.
Churchill once said that the farther backward you look, the farther forward are you likely to see.
As long ago as the oil crisis in the 1970s, Europe experienced that diversification of energy supply is crucial for its security interests.
As long ago as the oil crisis in the 1970s, Europe experienced that diversification of energy supply is crucial for its security interests.
Still, it was not until the Ukrainian gas crisis became part of a broader political conflict that the EU took serious measures to diversify its gas supply options.
Still, it was not until the Ukrainian gas crisis became part of a broader political conflict that the EU took serious measures to diversify its gas supply options.
I have just come back from Riga, and the Baltic States are feeling the consequences of Russian energy policy at first-hand.
I have just come back from Riga, and the Baltic States are feeling the consequences of Russian energy policy at first-hand.
Yet the situation is changing.
Yet the situation is changing.
As I have mentioned, we have seen the first LNG deliveries from the US.
As I have mentioned, we have seen the first LNG deliveries from the US.
There are also ambitious plans to deliver more gas through the Southern Corridor.
There are also ambitious plans to deliver more gas through the Southern Corridor.
Considerable gas reserves have been found on the doorstep of Europe, for example Egypt’s Zorn field and the Leviathan off the coast of Israel, and Iran is emerging as a potential player.
Considerable gas reserves have been found on the doorstep of Europe, for example Egypt’s Zorn field and the Leviathan off the coast of Israel, and Iran is emerging as a potential player.
New LNG plants have been put into operation, and Norwegian companies have built the first floating LNG terminal in Lithuania.
New LNG plants have been put into operation, and Norwegian companies have built the first floating LNG terminal in Lithuania.
In sum, this has significantly reduced the potential of using natural gas supplies as a political tool.
In sum, this has significantly reduced the potential of using natural gas supplies as a political tool.
However, Russia will remain a major supplier of gas to Europe for the foreseeable future, and this will continue to have implications both for our foreign policy towards Russia and for Europe’s choice of energy solutions.
However, Russia will remain a major supplier of gas to Europe for the foreseeable future, and this will continue to have implications both for our foreign policy towards Russia and for Europe’s choice of energy solutions.
The Norwegian approach to energy security is simple.
The Norwegian approach to energy security is simple.
We believe the role of leaders should be to provide the predictable regulatory framework needed to allow companies to operate on a sound commercial basis.
We believe the role of leaders should be to provide the predictable regulatory framework needed to allow companies to operate on a sound commercial basis.
Making politics out of the energy markets benefits no one: neither consumers nor producers.
Making politics out of the energy markets benefits no one: neither consumers nor producers.
Even though the centre of world power is moving eastwards, the world has not – yet - been turned upside-down.
Even though the centre of world power is moving eastwards, the world has not – yet - been turned upside-down.
Norway’s basic approach to energy security remains unchanged: In a complex global security environment, we must avoid politicising energy markets.
Norway’s basic approach to energy security remains unchanged: In a complex global security environment, we must avoid politicising energy markets.
This is not only vital for the security of energy supply.
This is not only vital for the security of energy supply.
It is also fundamental for maintaining and strengthening the world order that has served us so well over the last decades.
It is also fundamental for maintaining and strengthening the world order that has served us so well over the last decades.
Well-functioning energy markets are essential for sustained global growth and for development.
Well-functioning energy markets are essential for sustained global growth and for development.
And they are indispensable for ensuring stability, for combating climate change and for eradicating poverty.
And they are indispensable for ensuring stability, for combating climate change and for eradicating poverty.
This summit is an excellent opportunity to enhance our knowledge about the security and energy nexus.
This summit is an excellent opportunity to enhance our knowledge about the security and energy nexus.
I look forward to listening to your insights.
I look forward to listening to your insights.
Energy in a changing geopolitical setting
Energy in a changing geopolitical setting