Norwegian Sept gas output lags forecasts, hits 4-year low on outages

Okea ASA

23/10/2023 09:23

OSLO, Oct 23 (Reuters) - Norway's natural gas output
fell in September to its lowest level of any month since 1999,
lagging an official forecast, while crude oil also fell behind
expectations, the Norwegian Petroleum Directorate (NPD) said on
Monday.
    Natural gas production in September fell to 199.8 million
cubic metres (mcm) per day from 312.2 mcm a month ago, and
missed a forecast of 319.1 mcm by 37.4%, the regulator said on
its website.
    Crude oil output fell to 1.64 million barrels per day (bpd)
in September from 1.79 million bpd in August, below a forecast
of 1.73 million bpd, NPD's preliminary data showed.

 (Reporting by Nora Buli, editing by Terje Solsvik)
 ((terje.solsvik@thomsonreuters.com; +47 918 666 70))