Norwegian has been notified that the Norwegian Environmental Agency has imposed
a fee for the failure to meet its EU ETS obligations for 2020, in a period when
the company was under reconstruction. According to the Norwegian Reconstructor
and the Irish Examiner, the company was prevented from fulfilling these
obligations. 

When Norwegian was informed about the fee earlier this year, the Reconstructor
in Norway, Håvard Wiker, was in dialogue with both the Norwegian Environmental
Agency and the Attorney General. In this dialogue it was clarified that
Norwegian was under reconstruction and was unable to fulfill its EU ETS
obligations, and that doing so could entail criminal liabilities. 

"We are prepared to meet our EU ETS obligations for 2020 but dispute the fee and
will seek a legal clarification," said Geir Karlsen, CEO in Norwegian. 

The fee is close to NOK 400 million.

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© Oslo Bors ASA, source Oslo Stock Exchange