Europe & Russia Production
July 2018
Norway’s gas production is rising but will not be enough to offset declines elsewhere in Europe.
Norwegian gas output amounted to 63.5 bcm in H1 2018, according to national statistics and International Energy Agency data. This was an increase of 1.2% on an annual basis and marked a record high for the period. Production jumped by 8.6% on an annual basis in H1 2016, to 62.9 bcm, but fell slightly in H1 2017. Norway’s exports to Europe also reached a new high during H1 2018. The...