Norway's oil and gas output in September fell 4% short of forecast
Norway's combined oil and gas production in September came in 4% below an official forecast, according to the Norwegian Offshore Directorate.
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what happened
Norway's combined oil and gas production in September missed an official forecast by 4%, the Norwegian Offshore Directorate (NOD) said on Tuesday. According to the data, oil output came in slightly above projections, while natural gas volumes lagged behind the plan.
why it matters
The gas shortfall matters for the European market, where Norway remains one of the key suppliers. Small deviations from forecasts rarely move prices much, but attention on Norwegian volumes stays high given the country's role in supplying Europe.
market impact
Gas: lower Norwegian supply supports TTF prices modestly; oil little changed
tags
instruments
sources
- Norway's overall oil, gas output lags forecast by 4% in September — Reuters, 20 October 2026 at 06:09 UTC
- Norway's overall oil, gas output lags forecast by 4% in September — Reuters, 20 October 2026 at 06:23 UTC
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