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    Norwegian gas supply misses the mark in October

Summary

Norway is now Europe's biggest gas supplier following steep cuts in Russian flow over the past six months.

by: NGW

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Complimentary, Natural Gas & LNG News, Europe, Corporate, Exploration & Production, News By Country, Norway

Norwegian gas supply misses the mark in October

Norwegian gas supply came in at 10.3% below the official forecast in October, the Norwegian Petroleum Directorate reported on November 22, averaging 316.1mn m3/day.

Output was up 4.2% month/month, but down 8.2% year/year, the NPD said. Looking ahead to this month, the Aasgard B gas processing platform was closed on November 13 following a fire, curbing output by 19.8mn m3/d. 

Norway is now Europe's biggest gas supplier following steep cuts in Russian flow over the past six months.

Norwegian liquids supply came to 1.95mn barrels/day in October, 7.3% below the forecast, up 6.4% m/m and down 4% yr/yr.