Norway’s ruling parties delay oil sands vote

Oil sands

Oil sands

OSLO (Reuters) – Norway’s center-left government effectively delayed a parliamentary vote on Monday on whether majority state-owned oil and gas producer StatoilHydro should withdraw from a $2 billion Canadian oil sands venture.

The oil sands issue has put the government in a bind four months before a general election, with political opponents saying state support for the oil sands project was hypocritical given the cabinet’s self-professed environmental ambitions.

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