Several oil companies are looking at the possibility of building an onshore oil storage terminal.
Reuters reports that Norway's oil minister Terje Soeviknes telling a news conference that Statoil, Eni, Lundin and OMV are investigating either an onshore facility for ship-to-ship transfers or a storage terminal.
Statoil scrapped plans for an onshore terminal to reduce the Arctic Johan Sverdrup oilfield's costs.
Soeviknes is quoted saying: 'I think it's important that operators investigate all possibilities and find a profitable solution both for the companies and society.'
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