The deal will come into force next May and will replace an agreement Co-op had with YX Energi (Hydro Texaco). The co-operative will maintain a parallel deal with Esso Norway.

Co-op members will be entitled to discounts on the pump price of motor fuel at 500 Statoil stations in Norway, as well as on paraffin and heating oil purchases from the group.

The deal also means that Co-op members can use their membership and charge cards at all Statoil’s 1-2-3 automated stations, as well as with the Best chain of service stations.

This is a welcome day for us, and the start of a new era, said Dag Roger Rinde, president of the group’s Statoil Norge retail arm.

The Co-op agreement ranks as the largest and most important motor fuel deal in Norway, and we’re grateful for the confidence being shown us. Competition over motor fuel customers is tough, and we’ll be doing our utmost to ensure that Co-op members choose us from next May.