NHO NOx-fondet The NOx Fund Articles

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NHO NOx-fondet The NOx Fund Articles

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CO2 tax on LNG works against the purpose of the NOx Fund

CO2 tax on LNG used in shipping, introduced in Norway from 1 January 2018, makes LNG more expensive. There is no longer an operational economic benefit to use LNG instead of marine diesel on ships.
Affiliation to the NOx Fund

Companies that join the NOx Agreement are entitled to a tax exemption from the tax of 22.69 NOK per kg NOx to the state from the date that the enterprise affiliate to the NOx Agreement.
ESA has approved the NOx Agreement 2018-2025

The EFTA Surveillance Authority (ESA) has approved a prolongation of the NOx tax exemption scheme in Norway.
High rate for all emissions from removable offshore rigs

Emissions related to oil and gas extraction shall be reported under high payment rates. From 1.1. 2018, all emissions from removable offshore rigs shall be reported at a high rate, including transfer and relocation between operation and exploration drilling (emissions previously reported at low rates).
Support from the NOx Fund

The NOx Fund can grant support to NOx-reducing measures following applications.
Statoil & Songa Offshore`s innovative energy optimisation projects

The energy optimisation projects initiated by Statoil and Songa Offshore is a noteworthy achievement, making more efficient and environmentally friendly drilling operations through technical enhancements of its operating drilling units.
Request for Documentation

Forms have been made that companies that have been granted support to NOx-reducing measures have to fill out to report the effect of the measure.
Support program for offshore rigs

The NOx Fund launches a support program for rigs. The main purpose with the program is to provide support conditions that make it easier for the rigs to receive funding from the NOx Fund.
Apply for support before taking action

An important new condition for support under the NOx Agreement 2018-2025 is that the NOx Fund does not support measures already implemented or decided implemented.
New support rates and conditions for NOx reducing measures

Measures implemented after 01.01.2018 can receive an investment support rate of either NOK 250 or 500 per kg NOx reduced.

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CO2 tax on LNG works against the purpose of the NOx Fund

Affiliation to the NOx Fund

ESA has approved the NOx Agreement 2018-2025

High rate for all emissions from removable offshore rigs

Support from the NOx Fund

Statoil & Songa Offshore`s innovative energy optimisation projects

Request for Documentation

Support program for offshore rigs

Apply for support before taking action

New support rates and conditions for NOx reducing measures

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