CORRECTED: Norwegian Sept Gas Output Lags Forecasts

Reuters
Monday, October 23, 2023

Corrects OCT 23 story to read 2019 (not 1999), paragraph 1

 Norway's natural gas output fell in September to its lowest level since 2019, lagging an official forecast as maintenance cut production, while crude oil also fell behind expectations, the Norwegian Petroleum Directorate (NPD) said on Monday.

Natural gas production in September fell to 199.8 million cubic metres (mcm) per day from 312.2 mcm a month ago, and missed a forecast of 319.1 mcm by 37.4%, the regulator said on its website.

Crude oil output fell to 1.64 million barrels per day (bpd) in September from 1.79 million bpd in August, below a forecast of 1.73 million bpd, NPD's preliminary data showed.

September's output marked the lowest point since 198.7 mcm per day seen in September 2019, according to NPD data.

Pipeline deliveries of Norwegian gas between January and August had already been down by 6.4% compared to the same period a year ago, the head of pipeline operator Gassco told Reuters in August.

On Sept. 7, nominations for gas shipments fell to a low of 122.5 mcm/day, driven by maintenance at the massive Troll gas field as well as several other fields, with a number of outages taking longer than planned, Gassco data showed.


Norway gas production https://tmsnrt.rs/3tPlt6d

(Reuters - Reporting by Nora Buli, editing by Terje Solsvik)

Categories: Activity Europe Production Gas

Related Stories

NOV’s GustoMSC Presents Quick Connector for Heavy Lift Cranes

StreamTec to Work on Hydrogen Transmission Infrastructure in Baltic Sea

Final Turbine Stands Tall at Moray West Offshore Wind Farm

Current News

Danos Leaders Recognized in “40 Under 40” Lists

ExxonMobil to Drill for Gas Off Cyprus in January

Mocean Energy Raising Funds to Advance Wave Energy Tech

Seadrill’s Drillships Getting Ready to Start Work Off Brazil

Subscribe for OE Digital E‑News