Norway: Oil and Gas Output in October Exceed Forecasts

November 19, 2021

An offshore platform in Norway - Credit: Arild/AdobeStock
An offshore platform in Norway - Credit: Arild/AdobeStock

Norway's petroleum output in October rose from the previous month, exceeding official forecasts, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Friday.

Crude oil output increased to 1.82 million barrels per day (bpd) in October from 1.77 million bpd in September, and compared to the official forecast of 1.77 million, the NPD said.

Natural gas production in October also rose to 10.4 billion cubic meters (bcm) from 8.9 bcm a month ago, above the forecast of 10.3 bcm, it added. 

(Reporting by Nerijus Adomaitis, editing by Terje Solsvik)




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