Norwegian August Gas Output Lags Official Forecast

Published

©Michael /AdobeStock
©Michael /AdobeStock

Norway's natural gas output fell in August from July and lagged an official forecast, while crude oil exceeded expectations, the Norwegian Petroleum Directorate (NPD) said on Thursday. 

Natural gas production in August fell to 311.3 million cubic meters (mcm) per day from 322.6 mcm a month ago, and missed a forecast of 317.2 mcm by 1.9%, the regulator said on its website. 

Crude oil output fell to 1.79 million barrels per day (bpd) in August from 1.84 million bpd in July, above a forecast of 1.77 million bpd, NPD's preliminary data showed. 

Norway's gas production https://tmsnrt.rs/3EIm2RH


(Reuters - Reporting by Nora Buli, editing by Terje Solsvik)

Current News

AF Offshore Secures North Sea Decom Job

AF Offshore Secures North Sea

Island Offshore’s Hybrid OECV Hits Water at Vard Yard in Romania (Video)

Island Offshore’s Hybrid OECV

Jumbo Offshore Wraps Up Errea Wittu FPSO Mooring Pre-Lay in Guyana

Jumbo Offshore Wraps Up Errea

Petronas Takes Operatorship of Oman’s Offshore Block 18

Petronas Takes Operatorship of

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine