4 ms·
So, when will the USA military invade Norway? I assume per your definition of "country" Norway should be a country as well. Norway is a major party in selling
by PinguTS 4y ago
So, when will the USA military invade Norway?
I assume per your definition of "country" Norway should be a country as well.
Norway is a major party in selling oil and gas, but doing it so in NOK. Norway is not even part of NATO. At least until now.
So when do you expect an attack by the USA military?
- slaw 4y agoNorway uses US dollar for oil trade. https://www.investopedia.com/terms/p/petrodollars.asp https://www.investopedia.com/terms/p/petrodollars.asp
- PinguTS 4y agoPetrodollar is just a term. It does not mean that the contracts are in US Dollar. The measurement is in NOK. "In Consideration of the assignment described under Article 2.1 above, Buyer shall pay to Seller a post tax amount of NOK [zz] ([zz]), ref. Article 5." https://offshorenorge.no/globalassets/dokumenter/naringspolitikk/skatt-og-fiskalt/modellavtaler/02-sales-and-purchase-agreement-spa.pdf https://offshorenorge.no/globalassets/dokumenter/naringspoli... Also the measurement is NOK: https://www.norskpetroleum.no/en/production-and-exports/exports-of-oil-and-gas/ https://www.norskpetroleum.no/en/production-and-exports/expo...
- slaw 4y ago> Norwegian Oil and Gas Recommended Model Agreement for sale and purchase .. NOK is recommended. That document doesn't say what currency is used for actual transfers.
- MandieD 4y agoSlight correction: Norway has been part of NATO pretty much since its inception after WWII, but never joined the EU. Same for Iceland. Its neighbors Sweden and Finland are EU members whose citizens have recently come to widespread agreement that NATO membership is desirable.
- bombolo 4y ago> Norway is not even part of NATO. Odd… because the head of NATO is Norwegian. Your entire comment is completely misinformed.