Norway will continue developing its oil and gas resources in the Barents Sea regardless of the European Union's support for a moratorium on Arctic hydrocarbon supplies, and no longer sees itself as Europe's "green battery," Energy Minister Terje Aasland told Reuters.

The announcement follows Russia's 2022 invasion, which prompted major shifts in European energy supplies. Norway stepped up its role as a key provider during that period.

Aasland's comments signal a firm commitment to traditional energy resources in the Arctic region. The minister emphasized that national interests would guide policy decisions on exploration and production.

European Union efforts to limit Arctic oil and gas have gained attention in recent years. Norway, as a major non-EU supplier, maintains independence in its resource management.

The Barents Sea holds significant reserves that Norway has targeted for development. Continued activity there aligns with long-term energy strategies focused on security and economic returns.

Officials have not indicated any immediate changes to existing projects or licensing rounds. The stance underscores Norway's position as a reliable energy partner while prioritizing domestic priorities.

This development comes amid ongoing global discussions on energy transitions and supply stability. Norway's approach reflects a balance between resource utilization and international relations.