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According to this Norwegian publication in an article published January 31st 2023:

the Norwegian oil fund still holds hundreds of millions worth of shares in petroleum companies like Gazprom, Novatek, Bashneft and Lukoil

Even if the value of the companies they’ve invested in lowers, they still haven’t pulled out any of their financial investments from Russia. The investments could be worth very little, but they still have something invested in Russia.

Is money more important to Norway than justice?

Norwegian Government on February 28, 2022, ordered the Oil Fund to freeze all investments in Russia and prepare a plan for divesting with the goal of totally exiting the Russian stock market

Why has it taken them much more than a year to even communicate their ‘plan’ to make the divestment happen?

Is Domino’s Pizza really better at handling their finances than the wealthiest pension fund in the world?

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