we are joined by statoil executive vice president. thank you for joining me.o what extent was this sale may necessary to slow capital spending? >> it is an important deal for us. it creates flexibility when it comes to capital to really realize the important projects we had internationally and within norway. it is an important deal that gives us flexibility. >> and your mind are the proceeds going to be pushed into , or do you view it into something else? >> this is going to provide capital flexibility. it is an important part of our further invest ends, especially on the norwegian continental shelf, but also as a whole globally. >> tommy about russia. situation playn into any of this? >> no, i have no comments to russia in general. is no link whatsoever. this is an independent deal. it is a good deal, and we are happy about it. >> no comment on russia. there is a supply disruption, norway is in a terrific decision to use that as an opportunity, are they not? >> our mission is to be a reliable supplier of gas to europe, to our customers. we will continue to do

statoil making some interesting promises. 30 companies.rs european gas looking at how they can reduce. a lot of talk about carbon pricing. this is a way of pricing something that is being inefficiently priced at the moment. you could be taxed on the amount. $75 in terms of tax for co2 emissions. they analyze it would be $50 per time is what they build into their model -- per ton is what they build into their model. committed to carbon pricing. the world bank has done the heavy lifting. a thousand companies and investors to say, carbon pricing is the way forward. >> we have been hearing from some big investors about the fact that they will be just investing into companies -- disinvesting into companies that have a big carbon footprint. if they will get involved, they have some big tools at their disposal. interesting move that has been taken. it started as a rallying call in the universities. they are signed up to what seems to be moving out of 200 companies. hurt.will be fund,ckefeller brothers this is a fund coming from the oil itself. th