Norwegian government has decided to adopt the tougher sanctions against Russia that were imposed by the EU and the US from August 1, Foreign Ministry said in a statement.
According to the statement, the restrictive measures will cover the financial, defence and oil & gas sectors.
In particular, export of certain categories of goods for Russia’s oil & gas industry will require preliminary permit from the Norwegian authorities. It is prohibited to supply equipment and services for deepwater exploration and production of oil and project on development of Russia’s Arctic fields.
Specific sanctions have been imposed against goods produced in Crimea. It is not allowed to supply equipment, technologies and finances for Crimean companies’ projects related to transport infrastructure, telecommunications and production of oil/gas/mineral resources.
According to the statement, the sanctions are introduced in response to Russia’s violation of international laws and destabilization of Ukraine.