OREANDA-NEWS. December 04, 2012. The Ukrainian-Norwegian commodity circulation can be increased in 10 times for two or three years. This was started by Prime Minister of Ukraine Mykola Azarov at the Ukrainian-Norwegian business forum.

"Our commodity circulation is only 400 million dollars. This is extremely slow for our countries. We could in the literal sense in the next two to three years increase commodity circulation at least in ten times", Mykola Azarov said.

At the same time he stressed that it is realistic to increase turnover in 10 times actually, given the volume of the Ukrainian and Norwegian economy.

The Prime Minister stressed that Ukraine is now actively engaged in increasing domestic production of oil and gas. In particular, the Black Sea shelf is being actively developing. Ukraine is interested in the experience of Norwegian companies in the production of hydrocarbons.