• Global Gas Analytics
  • Analysis & Forecasts

Europe & Russia Production

November 2018

Weak Norwegian production has weighed on European supplies, and further declines in regional output will help tighten the market this winter.

Norway’s gas production fell by 2% on an annual basis in Q3, to 30.6 bcm, and further declines were seen in October with output declining by 1.9% to 10.6 bcm. Although production for the first 10 months of the year was broadly flat on an annual basis at 105 bcm, weak output from Norway could limit supplies to Europe at the peak of the winter...