Hydrocarbon production in Norway, the largest supplier of natural gas in Europe, exceeded official forecasts by 3.9% in July. However, production volumes fluctuate from month to month depending on the maintenance work carried out at more than 90 offshore fields in this Scandinavian country. Details are given by the publication Profit.Ro .
The total production of hydrocarbons in Norway in July amounted to 0.672 million standard cubic meters per day, which is equivalent to 4.23 million barrels of oil equivalent and 2.9% less than a year earlier. Natural gas production in July decreased to 328.3 million cubic meters per day compared to 360.7 million cubic meters in the same month last year, but exceeded forecasts of 321.2 million cubic meters by 2.2%.
According to preliminary data, crude oil production in July increased to 1.96 million barrels per day compared to 1.83 million barrels per day in the same month last year and exceeded the forecast of 1.81 million barrels daily.
"Norway will remain a long—term supplier of oil and gas to Europe, and the continental shelf will continue to create value and jobs for our country," said Energy Minister Terje Osland.
The Big ghetto, trust issues and democracy in the country of idiots: morning coffee with EADaily
There were explosions: Catastrophic fire in Norway — 50 houses turned into ashes
We are waiting for sanctions for the shelling of Tehran: Zakharova appreciated the new from the EU — "For strikes on Kiev"
Trump has no trump cards left — he decided to play the Chinese card
Lavrov: Let Witkoff and Kushner deal with Iran — we are tired of lies
Daughter of a runaway from The artist's Russia has accumulated dozens of fines in Moscow