natgillin/translations-raw huggingface dataset:
A 1 per cent increase in recoverable petroleum will have a gross value of about 45 billion US dollars. 
A 1 per cent increase in recoverable petroleum will have a gross value of about 45 billion US dollars.
Increased recovery is an area where technology is essential to progress, and where I am dependent on you – the commercial companies – to come up with good solutions. 
Increased recovery is an area where technology is essential to progress, and where I am dependent on you – the commercial companies – to come up with good solutions.
We will set the framework conditions, but we will not achieve our goals unless you are willing to spend money and brains on improving technology. 
We will set the framework conditions, but we will not achieve our goals unless you are willing to spend money and brains on improving technology.
Gas production is a different story. 
Gas production is a different story.
Our natural gas production has doubled since year 2000. 
Our natural gas production has doubled since year 2000.
The last couple of years, fields like Ormen Lange and Snøhvit have increased our gas export even further. 
The last couple of years, fields like Ormen Lange and Snøhvit have increased our gas export even further.
We have established an extensive and robust gas infrastructure that will serve us faithfully for many years to come. 
We have established an extensive and robust gas infrastructure that will serve us faithfully for many years to come.
At the same time the situation in the gas market is demanding. 
At the same time the situation in the gas market is demanding.
The global economic turmoil has reduced demand. 
The global economic turmoil has reduced demand.
Supply has increased because of unconventional gas production in North-America and large volumes of LNG are flooding the market. 
Supply has increased because of unconventional gas production in North-America and large volumes of LNG are flooding the market.
Together, these factors will have an effect on the gas market going forward. 
Together, these factors will have an effect on the gas market going forward.
I am confident that Norwegian producers will act responsible in the challenging market environment we now are into. 
I am confident that Norwegian producers will act responsible in the challenging market environment we now are into.
If we look a little further into the future, I am optimistic on behalf of natural gas. 
If we look a little further into the future, I am optimistic on behalf of natural gas.
This is also reflected in how we see our future production. 
This is also reflected in how we see our future production.
We expect the increases in the gas production to continue over the next decade. 
We expect the increases in the gas production to continue over the next decade.
As we see it now, production in 2020 will be in the 110 to 130 bcm range. 
As we see it now, production in 2020 will be in the 110 to 130 bcm range.
As you all know, gas has advantages to coal with regard to carbon emissions, and gas-fired power stations are adequate solutions as back-up for renewable power production. 
As you all know, gas has advantages to coal with regard to carbon emissions, and gas-fired power stations are adequate solutions as back-up for renewable power production.
Increased gas production is therefore necessary in the transition to a low-carbon world. 
Increased gas production is therefore necessary in the transition to a low-carbon world.
Our long-term production level depends on what new discoveries we make. 
Our long-term production level depends on what new discoveries we make.
When it comes to acreage, we will continue to offer attractive exploration opportunities for the industry. 
When it comes to acreage, we will continue to offer attractive exploration opportunities for the industry.
Our annual Award in Predefined Areas will continue in mature areas. 
Our annual Award in Predefined Areas will continue in mature areas.
In more frontier areas the numbered concession rounds will come regularly. 
In more frontier areas the numbered concession rounds will come regularly.
In addition to the area already open for petroleum activity, we have decided to start an opening process in the Jan Mayen-area. 
In addition to the area already open for petroleum activity, we have decided to start an opening process in the Jan Mayen-area.
Jan Mayen is a small, volcanic island 600 kilometers northeast of Iceland. 
Jan Mayen is a small, volcanic island 600 kilometers northeast of Iceland.
I will decide on how this process will evolve over the next couple of months. 
I will decide on how this process will evolve over the next couple of months.
As you might know, we do have an intense debate on how to manage the areas outside Lofoten and Vesterålen. 
As you might know, we do have an intense debate on how to manage the areas outside Lofoten and Vesterålen.
The Government has put in place a process that will bring more knowledge to the table. 
The Government has put in place a process that will bring more knowledge to the table.
This knowledge will be used when we revise our integrated management plan for these areas within the year. 
This knowledge will be used when we revise our integrated management plan for these areas within the year.
We will then, amongst other things, decide on the way forward when it comes to petroleum activities. 
We will then, amongst other things, decide on the way forward when it comes to petroleum activities.
Technology development on the NCS What we have achieved on the Norwegian Continental Shelf is a gigantic technology development with steep learning curves for the entire Norwegian industry. 
Technology development on the NCS What we have achieved on the Norwegian Continental Shelf is a gigantic technology development with steep learning curves for the entire Norwegian industry.
Not only for the oil and gas companies, but there are hundreds of spin-off companies that are contributing to the continuous development of technology, to improve both resource management and environmental solutions. 
Not only for the oil and gas companies, but there are hundreds of spin-off companies that are contributing to the continuous development of technology, to improve both resource management and environmental solutions.
Where the Swedes have their Volvo and Ericsson, and the Danes have their Louis Poulson and Arne Jakobsen, we have PGS, DeepWell, Grenland Group, Aker Solutions and many other companies working for the oil and gas companies all over the world. 
Where the Swedes have their Volvo and Ericsson, and the Danes have their Louis Poulson and Arne Jakobsen, we have PGS, DeepWell, Grenland Group, Aker Solutions and many other companies working for the oil and gas companies all over the world.
This is our industrial adventure. 
This is our industrial adventure.
These companies have played an important role in the development of better environmental standards in the industry, and I am confident that they will continue pushing technology limits. 
These companies have played an important role in the development of better environmental standards in the industry, and I am confident that they will continue pushing technology limits.
That is inevitable for oil and gas to play a role in energy mix of the low-carbon world. 
That is inevitable for oil and gas to play a role in energy mix of the low-carbon world.
Climate, energy security and poverty reduction To achieve this low-carbon world Norway is convinced that we need a global legally binding framework and that the rich countries with financial flexibility need to take responsibility. 
Climate, energy security and poverty reduction To achieve this low-carbon world Norway is convinced that we need a global legally binding framework and that the rich countries with financial flexibility need to take responsibility.
The Copenhagen Accord is not legally binding. 
The Copenhagen Accord is not legally binding.
Last week Norway notified the Climate Change Secretariat that we associate ourselves with the Copenhagen Accord. 
Last week Norway notified the Climate Change Secretariat that we associate ourselves with the Copenhagen Accord.
If we are to reduce global emissions by 80 per cent in 2050, the world is dependent on all countries’ commitment to reduce emissions, including the large developing countries. 
If we are to reduce global emissions by 80 per cent in 2050, the world is dependent on all countries’ commitment to reduce emissions, including the large developing countries.
The climate, energy and poverty challenges are integrated challenges and the solutions need to be coordinated. 
The climate, energy and poverty challenges are integrated challenges and the solutions need to be coordinated.
I am convinced that the single most important tool to achieve this is a global carbon price. 
I am convinced that the single most important tool to achieve this is a global carbon price.
However, I cannot emphasize the challenges in front of us strongly enough. 
However, I cannot emphasize the challenges in front of us strongly enough.
It will not be easy to reach the low-carbon world. 
It will not be easy to reach the low-carbon world.
We are dependent on companies like yours to manage the emission reduction targets the authorities are setting. 
We are dependent on companies like yours to manage the emission reduction targets the authorities are setting.
In particular in relation to technology developments and commercializing the energy solutions of the future commercial companies need to contribute. 
In particular in relation to technology developments and commercializing the energy solutions of the future commercial companies need to contribute.
A private-public partnership is needed. 
A private-public partnership is needed.
Norwegian contribution In addition to a carbon price, governments must also take responsibility to mature the energy technology of the low-carbon future. 
Norwegian contribution In addition to a carbon price, governments must also take responsibility to mature the energy technology of the low-carbon future.
I am proud that Norway has taken a global lead in developing CCS-technology. 
I am proud that Norway has taken a global lead in developing CCS-technology.
This is done in cooperation with companies like Statoil and Shell. 
This is done in cooperation with companies like Statoil and Shell.
The Norwegian state is by far the biggest contributor financially to the world-class Technology Centre Mongstad, which is now under construction. 
The Norwegian state is by far the biggest contributor financially to the world-class Technology Centre Mongstad, which is now under construction.
This is a good example of how private companies and public authorities can work together to solve the challenges ahead of us. 
This is a good example of how private companies and public authorities can work together to solve the challenges ahead of us.
We are also incentivizing investments in renewable energy generally – and the renewable energy technology of the future specially. 
We are also incentivizing investments in renewable energy generally – and the renewable energy technology of the future specially.
Last year I attended the official openings of two prototypes for renewable energy production in Norway. 
Last year I attended the official openings of two prototypes for renewable energy production in Norway.
They are examples of innovative thinking from energy companies, using their competence to develop renewable energy solutions. 
They are examples of innovative thinking from energy companies, using their competence to develop renewable energy solutions.
The world’s first full-scale floating offshore wind turbine was set on stream. 
The world’s first full-scale floating offshore wind turbine was set on stream.
Statoil’s Hywind project, located about 10 kilometers off the Norwegian west coast, will give us important knowledge on how wind and waves affect the structure, help us identify technology gaps and learn about operational concepts. 
Statoil’s Hywind project, located about 10 kilometers off the Norwegian west coast, will give us important knowledge on how wind and waves affect the structure, help us identify technology gaps and learn about operational concepts.
The world’s first osmotic power plant was opened some 60 kilometers south from where we are now. 
The world’s first osmotic power plant was opened some 60 kilometers south from where we are now.
It is owned by Statkraft and is intended primarily for testing and development purposes. 
It is owned by Statkraft and is intended primarily for testing and development purposes.
The aim is to be capable of setting up a commercial plant within a few years’ time. 
The aim is to be capable of setting up a commercial plant within a few years’ time.
These are good examples of a commitment from Norwegian authorities to support the maturing of exciting energy technology for the future. 
These are good examples of a commitment from Norwegian authorities to support the maturing of exciting energy technology for the future.
The amounts of energy produced by these two projects are negligible, but to me it is important to support commercialization of ideas that can contribute in the long term perspective. 
The amounts of energy produced by these two projects are negligible, but to me it is important to support commercialization of ideas that can contribute in the long term perspective.
In addition to this, Norway contributes by financing research both in the EU and domestically. 
In addition to this, Norway contributes by financing research both in the EU and domestically.
In Norway we have developed two national research strategies Energy21 and OG21. 
In Norway we have developed two national research strategies Energy21 and OG21.
Both strategies focuses, among other things, on how the energy and petroleum research can contribute towards a low-carbon energy future. 
Both strategies focuses, among other things, on how the energy and petroleum research can contribute towards a low-carbon energy future.
Technology developments made in “public-private partnership” Another example of how regulation drives technology development is related to flaring on the Norwegian Continental Shelf. 
Technology developments made in “public-private partnership” Another example of how regulation drives technology development is related to flaring on the Norwegian Continental Shelf.
When we started oil production in Norway back in the 70-ies every field development needed a solution for gas evacuation. 
When we started oil production in Norway back in the 70-ies every field development needed a solution for gas evacuation.
It was seen as a waste of resources to burn unnecessary natural gas. 
It was seen as a waste of resources to burn unnecessary natural gas.
As a result, we have managed to keep flaring at exceptional low levels. 
As a result, we have managed to keep flaring at exceptional low levels.
The next step-change in flaring was connected to the introduction of the CO2-tax back in 1992. 
The next step-change in flaring was connected to the introduction of the CO2-tax back in 1992.
The response from the industry was to develop technology which made it possible to end continuously flaring of gas. 
The response from the industry was to develop technology which made it possible to end continuously flaring of gas.
This is yet another example of how the interaction between authorities and companies gives results. 
This is yet another example of how the interaction between authorities and companies gives results.
Norway has always been in the forefront on environmental technology. 
Norway has always been in the forefront on environmental technology.
This is because you, the industry, have managed the challenges we, in the government, have given you. 
This is because you, the industry, have managed the challenges we, in the government, have given you.
I intend to keep Norway in the forefront on environmental technology, and I hope – and am dependent on - you being in with me on this. 
I intend to keep Norway in the forefront on environmental technology, and I hope – and am dependent on - you being in with me on this.
A close private-public partnership will be necessary when we are going to solve the multiple challenges of climate change, energy security and poverty reduction. 
A close private-public partnership will be necessary when we are going to solve the multiple challenges of climate change, energy security and poverty reduction.
Conclusion Norway is determined to remain an attractive area for oil and gas companies, with a stable and predictable framework. 
Conclusion Norway is determined to remain an attractive area for oil and gas companies, with a stable and predictable framework.
I can understand that some of the regulation imposed on the Norwegian Continental Shelf has seemed demanding. 
I can understand that some of the regulation imposed on the Norwegian Continental Shelf has seemed demanding.
I believe that looking back, we can be satisfied with the results we have achieved together, both when it comes to industrial solutions and environmental technology. 
I believe that looking back, we can be satisfied with the results we have achieved together, both when it comes to industrial solutions and environmental technology.
I hope that Norway – with your expertise – still will be in the forefront on environmental technology for the future as well. 
I hope that Norway – with your expertise – still will be in the forefront on environmental technology for the future as well.
We are not afraid of trying out new technologies, and my door will always be open for companies with great ideas! 
We are not afraid of trying out new technologies, and my door will always be open for companies with great ideas!
The Role of Oil and Gas in a Low-Carbon World 
The Role of Oil and Gas in a Low-Carbon World
The Storting, 17 November 2011 
Stortinget, 17. november 2011
The major challenges facing Europe today are a reminder that the economy, politics and society are inextricably linked, at both international and national level. 
De store utfordringene som Europa står overfor, minner oss om hvor uløselig økonomi, politikk og samfunn er knyttet sammen, nasjonalt som internasjonalt.
In my addresses on foreign policy and on EU-EEA matters to the Storting since the financial crisis in 2008, I have discussed how the global crisis and the ensuing economic downturn has turned into a sovereign debt crisis in a number of countries and, in some cases, a social and political crisis. 
Dette har vært tema både i utenrikspolitiske redegjørelser og i EU/EØS-redegjørelsene siden finanskrisen i 2008; om hvordan den globale finanskrisen og den økonomiske nedgangen som fulgte, i flere land har gått over i statsgjeldskrise og i noen tilfeller sosial og politisk krise.
Action is being taken to resolve the crisis, but the political situation in Europe will be defined for a long time to come by the way the major imbalances in many countries and the challenges facing the euro cooperation are dealt with. 
Det treffes tiltak mot krisen, men håndteringen av de dype ubalansene i mange land og eurosamarbeidets utfordringer vil definere den politiske utviklingen i Europa i lang tid fremover.
When the financial crisis erupted in 2008, the European governments were prepared to rescue the banks. 
Da finanskrisen brøt ut i 2008, sto de europeiske statene rede til å redde bankene.
That time around, the banks were salvaged, but in many countries they remain in a vulnerable position. 
De ble i første omgang berget, men i flere land er de fortsatt i en utsatt posisjon.
Now it is the countries themselves that are in focus. 
Nå handler det om statene.
Weakened government finances have become a source of instability in the financial markets and are the crux of the problem. 
Svekkede statsfinanser er blitt kilde til uro i finansmarkedene og er selve kjernen i problemet.
The affected countries have their hands full rescuing their own economies. 
For utsatte stater handler det om å redde seg selv.
There is no easy way out of the dilemma experienced by many European countries that are trapped by heavy debts and large budget deficits. 
Det finnes ingen enkel løsning for veien ut av dette krysspresset som mange europeiske befinner seg i: fanget av høy gjeld og store budsjettunderskudd.
When I spoke to European Council President van Rompuy last Tuesday, he said that what Europe really needs now is economic stimulus, while what Europe is getting is austerity measures. 
Rådspresident van Rompuy sa det slik i en samtale sist tirsdag: Egentlig trenger Europa nå økonomiske stimulanser, mens det Europa får er innstramninger.
This says something not only about a national economic policy that is out of control but also about an absence of mechanisms to ensure compliance with agreed economic policy rules. 
Det sier sitt om en nasjonal økonomisk politikk ute av kontroll, men også om manglende mekanismer for å sikre respekt for avtalte rammer for den økonomiske politikken.
The situation in Europe is complex. 
Bildet i Europa er sammensatt.
Not all countries are experiencing an equally difficult situation. 
Ikke alle land er i en like vanskelig situasjon.
The fact is, however, that Norway is the odd man out in Europe, with our low unemployment rate, our high levels of employment, our budget surplus and our freedom from debt. 
Likevel er realiteten den at Norge fremstår som en europeisk ”kontrast” – med lav ledighet, høy sysselsetting, overskudd og ingen gjeld.
Norway is a prosperous nation in both political and economic terms. 
Vi er en overskuddsnasjon, politisk og økonomisk.
But as we all know, you have to be strong to weather good times as well. 
Det krever som vi vet god rygg til å bære gode dager.
Our situation makes it imperative for us to keep our economy in order and enable the private sector to play its role as an engine of value creation and employment – and to take our share of the responsibility for safeguarding the European economy. 
Vår situasjon legger tunge føringer på behovet for å holde orden i egen økonomi og trygge næringslivets rolle som verdiskapende og sysselsettende kraft – og å være med på å ta vår del av ansvaret for å trygge europeisk økonomi.
At the same time we know from experience that economic turmoil in the rest of Europe affects Norway in many different ways. 
Samtidig vet vi av erfaring: Norge er berørt på mange ulike måter av den økonomiske uroen i Europa.
We are already seeing some effects of the crisis, such as a somewhat higher exchange rate for the Norwegian krone and higher financing costs for the banks. 
Vi merker allerede enkelte virkninger, blant annet i form av en noe sterkere kronekurs og høyere finansieringskostnader for bankene.
If the crisis continues to worsen, this will have an effect on the world economy and the price of oil and other raw materials we export, which will in turn have an impact on the Norwegian economy. 
Om krisen skulle tilspisses ytterligere, vil viktige virkninger for norsk økonomi merkes gjennom effekten på verdensøkonomien og prisen på petroleum og andre råvarer som vi selger.
An economic downturn in Europe could, of course, also lead to a decline in demand for Norwegian commodities. 
Og nedgang i Europa kan selvsagt også slå direkte inn i redusert etterspørsel etter norske varer.
And of course in addition to this there are the political consequences, which would also affect Norway. 
I tillegg kommer selvsagt de mer politiske konsekvensene, også for Norge.
As the German Chancellor put it last Monday, the current economic crisis is the continent’s “toughest hour since World War II”. 
Denne økonomiske krisen omtales som den verste i Europa etter Den annen verdenskrig, slik den tyske forbundskansleren fremholdt sist mandag.
Completely new initiatives are needed to address it. 
Å møte den krever helt nye virkemidler.
Big decisions are being made. 
Det treffes kraftfulle beslutninger.
The cooperation between the EU, the IMF and the European Central Bank has been further intensified to follow up countries that are receiving emergency loans. 
Samarbeidet er videreutviklet mellom EU, IMF og Den europeiske sentralbanken for å følge opp land som mottar kriselån.