"We do see (cost inflation) pressures and trying to mitigate them. As for now, we are sticking with our capex guidance," Chief Financial Officer Ulrica Fearn told a call with analysts.

The company plans to spend $10 billion this year on capital investments, and maintain the same level also in 2023.

(Reporting by Nerijus Adomaitis, editing by Terje Solsvik)