Norway's Energy Power and European Security — Ole Gunnar Austvik

This episode of The IR thinker explores Norway’s energy security and geopolitics with Professor Ole Gunnar Austvik, tracing the evolution of Norwegian oil exports, the role of private companies and diversification strategies, and the impact of the war in Ukraine on gas supplies to the European Union. The discussion also addresses LNG expansion, pipeline infrastructure, electricity and hydrogen exports, Nordic energy cooperation, the Arctic as a new energy frontier and the future of nuclear power in Norway.Ole Gunnar AustvikOle Gunnar Austvik is a Norwegian economist and political scientist specialising in political economy, oil and gas policy and European integration. He is Professor of Political Economy and Petroleum Economics at Inland Norway University of Applied Sciences, a Senior Fellow at the John F. Kennedy School of Government at Harvard University, and has previously worked with the Norwegian Institute of International Affairs, BI Norwegian Business School and Statistics Norway.Publications:Norway: Small State in the Great European Energy GameEU-Russian Gas Trade and the Shortcomings of International LawTurkey in the geopolitics of energyContent00:00 - Introduction02:32 - Evolution of Norway’s Oil Exports08:21 - Role of Private Companies in the Norwegian Oil Market09:53 - Diversifying Norway’s Oil Export Strategy12:34 - Investment Trends in the Norwegian Oil Sector14:50 - Ethical Considerations in Norway’s Oil Export Industry18:50 - Impact of the Ukraine War on Norway’s Gas Exports to the EU22:57 - Domestic Political Dynamics and Norway’s Gas Exports26:48 - State of the Norwegian Natural Gas Pipeline Infrastructure29:12 - Public Opinion on LNG Expansion in Norway30:59 - Balancing Norwegian Reserves with EU Export Demands33:04 - Norway’s National Energy Strategy36:55 - Norway’s Electricity Export40:19 - Hydrogen Export45:10 - The Arctic: Norway’s New Energy Frontier48:53 - Exploring New Energy Reserves Outside of Norway51:11 - Energy Collaboration Among Nordic Countries56:16 - The State of Nuclear Energy in Norway59:21 - Future Directions in Norway’s Energy PolicyFollow & Further ResourcesSubstack: https://theirthinker.substack.com/LinkedIn: https://www.linkedin.com/company/ir-thinker/X: https://x.com/irthinker_Instagram: https://www.instagram.com/theirthinker/Bluesky: https://bsky.app/profile/theirthinker.bsky.socialFacebook: https://www.facebook.com/irthinkerfb Hosted on Acast. See acast.com/privacy for more information.