Norwegian Gas Output Dips in February

Norway's total gas sales in February were 10.15bn m³, down from 11.12bn m³ in January, according to data from the upstream regulator Norwegian Petroldeum Directorate – although the graph below shows something different. Both months were above the December 2018 output forecast, although the forecast for the year as a whole is 121bn m³, almost the same as last year's actual. Last year's forecast however was 124bn m³.

Nearly all Norwegian gas ouput is sold to Europe, which had some unusually warm days in February.

(Source:NPD)