• Natural Gas News

    Norway's Daily Sales Rise in February

Summary

Output is back on track for now, although prices are still depressed.

by: William Powell

Posted in:

Natural Gas & LNG News, Europe, Corporate, Import/Export, Political, News By Country, Norway

Norway's Daily Sales Rise in February

Norway produced fractionally more gas in February than in January on a daily basis, figures from the Norwegian Petroleum Directorate showed March 12. Output averaged 343.5mn m³/day, up from 338.2mn m³/d in the previous month, and 0.7% more than the forecast, but 5% less than in February 2019, when European hub prices were considerably higher. January's output was also below the forecast. Total gas sales were 10.0bn m³ in February, down 0.5% in a shorter month.