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Norway to vote against Statoil oil sands motion

OSLO, May 10 (Reuters) - The Norwegian government said on Monday it would not back a motion forcing oil firm Statoil to withdraw from Canada's oil sands development, effectively killing the initiative. "The state will vote against the motion at the Statoil general assembly," the oil and energy ministry told Reuters in an email. Environmental organisations Greenpeace and the World Wildfife Fund have registered a motion pushing for Statoil to withdraw from the controversial energy-intensive industry at the company's annual general assembly on May 19. The announcement means the motion will be defeated since the Norwegian state owns 67 percent of Statoil's shares. (Reporting by Gwladys Fouche; Editing by James Jukwey) Keywords: STATOIL OILSANDS/ (gwladys.fouche@reuters.com; +47 22 93 69 76; Reuters messaging: rm://gwladys.fouche.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved.

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