Energy update presented at NATO meeting

Nordea chief analyst and energy expert Thina Saltvedt gave a presentation for Secretary General Jens Stoltenberg and other world leaders at the NATO meeting in Stavanger, Norway, last Monday. Nordea was the only bank invited to give a presentation. 

- My message was that OPEC (Organization of the Petroleum Exporting Countries) by letting oil prices drop loses control over the stabilising factor that oil production can be for world peace, Thina Saltvedt says.

Thina Saltvedt works as a chief analyst at Nordea Markets, but is often invited to talk to customers and policymakers about how the world’s energy needs affect international politics. Her presentation attracted a lot of interest and she received a lot of questions about Russia, Ukraine and the Middle East afterwards. There was also interest in the environmental consequences of coal versus shale gas.

- We see gas becoming more important in future. But the world also has to focus more on renewable energy to make us less dependent on unreliable energy suppliers in unstable parts of the world, Thina Saltvedt says.

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