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Oil and Gas Strategy

The Government of Greenland’s current strategy for oil and gas is valid from 2020 – 2024.

The primary goal of this strategy is to set attractive terms for oil companies to kick-start a new round of exploration.

This is mainly by:
- Opening large parts of Greenland for licensing with a new attractive government take model
- Gathering new geological and geophysical data
- Active marketing through conferences, events and meetings

An overview of the stages and initiatives in the strategy can be seen below.

Stages of the strategy