Norway May gas output declines more than expected
6/20/2023
(Reuters) - Norway's crude oil and gas output fell in May from the previous month, with gas production lagging official forecast while oil exceeded expectations, Norwegian Petroleum Directorate said on Tuesday.
Crude oil output decreased to 1.77 million barrels per day (bpd) in May from 1.80 million bpd in April but came in above a forecast of 1.75 million bpd, the regulator said on its website.
Natural gas production in May fell to 274 million cubic meters (mcm) per day from 339.8 mcm the previous month and was 7.4% below to a forecast of 295.9 mcm, it added.
Related News
- Venture Global, Germany's EnBW expand partnership with new LNG contract
- Burckhardt Compression secures milestone order for first industrial scale liquefied CO₂ carrier supporting Northern Lights CCS project
- Hanwha Ocean signs strategic MoU with Kanata Clean Power for proposed $15.7-B, 12-MMtpy FLNG project in Canada
Related News
Sign up to Receive Our Newsletter
- Cheniere signs deal with Bechtel to expand U.S. LNG export capacity
- TC Energy approves $1.5-B Columbia Gas expansion after profit tops estimates
- Wärtsilä continues to expand its data center footprint with new 790 MW order in Texas
- Baker Hughes’ fuel flexible NovaLT™ 16 gas turbine certified by RINA for marine propulsion
- Japan got bulk of Russian LNG from Sakhalin-2 in 2025
Comments