The new agreement, together with an agreement that was signed with Statkraft last year, secures Norske Skog Skogn sufficient energy for full operation of the mill. The agreement has been entered into on commercial terms and has a duration of 7 years from January 1, 2012. The new agreement with NTE ensures supply of 0.4 TWh per year until December 31, 2018.
“We are very pleased with this agreement. Norske Skog Skogn is important both for the group and for the forest industry in central Norway. This is an important contribution to securing jobs in Skogn,” says president and CEO in Norske Skog, Sven Ombudstvedt.
Norske Skog Skogn employs 450 people. Production started in 1966. The mill produces newsprint, with the United Kingdom as the largest single market.