01 Mar 2006

New group contract for electricity

The Norwegian Ministry of Petroleum and Energy has notified Norske Skog that it can retain the electricity supply contracts which currently relate to its Norske Skog Union facility.

When the paper mill at Skien south of Oslo ceases production on 1 March, the contracts with state-owned power generator Statkraft will be converted to group contracts.
This means that the annual volume of 335 gigawatt-hours (335 million kilowatt-hours) can be used by Norske Skog's other Norwegian mills.
Transferring these contracts, which run until the end of 2010, represent an important contribution to strengthening the company's existing operations in Norway.
Norske Skog
Corporate communications
Further information from:
Hanne Aaberg
Senior vice president corporate communications
Tel: +47 67 59 90 29
Mob: +47 913 51681 
Rune Gjessing
Vice president investor relations
Mob: +47 90 15 26 14