ADVFN - Advanced Financial Network.
HOME» LSE » B » BARC Share Price » BARC Share News

Barclays Share News

 Barclays Share Price
BARC Share Price
 Barclays Share Chart
BARC Share Chart
 Barclays Share News
BARC Share News
 Barclays Company Information
BARC Company Information
 Barclays Share Trades
BARC Share Trades
 Barclays Share Message Board
BARC Share Message Board

Norway To Sell 12.7 Million EU Emissions Allowances To Market In 09

LONDON -(Dow Jones)- Norway's finance ministry Monday said it will sell 12.7 million European Union emissions allowances, or EUAs, in the market in 2009 through Barclays Capital (BARC.LN). Norway is linked to the European Union Emissions Trading Scheme, or ETS, for which the allocation plan for phase II, between 2008 and 2012, was adopted in March 2009. The volume to be added to the ETS by Norway is around 75 million EUAs of carbon dioxide, or 15 million EUAs annually, the finance ministry said. Of the total, 39 million EUAs have been allocated to Norwegian industry and 4.2 million to a new entrants reserve, with the balance of 31.8 million to be sold in the market. Barclays Capital has been awarded the contract to conduct sales in 2009 and the ministry of finance said it has an option to make further sales through Barclays in the 2010-2012 period. "Starting on May 18 and ending Nov. 13, Norway will sell regular volumes of EUAs, on a daily basis, through a combination of spot and December 2009 deliveries," the ministry said. "At the outset, 50% will be sold on a spot basis and 50% for December 2009 delivery," it added. Ministry Web site: -By Elizabeth Adams, Dow Jones Newswires; +44 (0) 20 7842 9386;

Share News for Barclays (BARC)
26/02/201522:20:08TIPS Rally on U.S. Inflation Data
26/02/201516:58:29New Standard Chartered Head Bill Winters Draws Rave Reviews
26/02/201509:40:17Europe Stocks Edge to Fresh Seven-Year High
26/02/201509:25:17Europe Stocks Edge to Fresh Seven-Year High as Investors Assess...
24/02/201517:20:06Spain Plans New 15-Year Government Bond
24/02/201502:57:34Big Banks Face Scrutiny Over Pricing of Metals
23/02/201518:39:54LONDON MARKETS: FTSE 100 Slips As HSBC Shares Mark Worst Session...
23/02/201518:39:37European Markets Buoyed by Greek Agreement -- 3rd Update
23/02/201518:32:41European Markets Buoyed by Greek Agreement -- 2nd Update
23/02/201514:36:06European Markets Rise After Greek Bailout Extension
23/02/201511:02:46LONDON MARKETS: HSBC Shares Hit In London Trade, Pulling FTSE...
19/02/201520:36:15Delaware's Biggest City Struggles With High Murder Rate
17/02/201519:56:34Tesco Appoints John Allan as Chairman -- Update
17/02/201511:01:06European Stocks Fall on Greece Fears -- Update
17/02/201509:40:05European Stocks Fall on Greece Fears

Barclays Plc and other London Stock Exchange share prices are delayed by at least 20 minutes.
All other share price data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations