Norway

Unlocking Serbia’s mining potential: A call for reform

The contrast between Serbia and Norway in terms of resource management is stark. While Norway commands a significant share, ranging from 27 to 78 percent, of the total value of oil and gas production, Serbia's mining royalties pale in comparison, ranging from three to seven percent. This discrepancy underscores the need for a reevaluation of Serbia's mining policies. Ana Brnabić's recent assertion that Serbia could attain Norwegian living standards through the Jadar project overlooks the intricacies of Norway's revenue model…