Norway produced 364.2 million cubic meters (12.86 billion cubic toes) a day (MMcmd) of pure gasoline in January, down 0.9 % from December 2025 however up 4.8 % from January 2025, in response to preliminary month-to-month manufacturing figures from the nation’s upstream regulator.
Final month’s gasoline manufacturing exceeded the Norwegian Offshore Directorate’s (NOD) forecast by 5.2 %, the regulator reported on its web site.
The Nordic nation bought 11.3 billion cubic meters (Bcm) of gasoline in January 2026, down 100 MMcm from December 2025.
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Norway’s oil output final month averaged two million barrels per day (MMbpd), up 1.8 % month-on-month and 13.4 % year-on-year. The determine beat the NOD projection by 6.3 %.
Complete liquids manufacturing in December was 2.22 MMbpd, up 1.2 % sequentially and 12.2 % year-over-year.
Final yr Norway’s gasoline manufacturing noticed a “minor” lower to 120 Bcm, in comparison with a report gasoline manufacturing of 124 Bcm in 2024, the NOD mentioned earlier in “The Shelf” report printed January 8, 2026. It expects gasoline manufacturing to remain on the 2025 stage over the subsequent three to 4 years.
“Norwegian gasoline accounts for about 30 % of EU gasoline consumption, and Norway is Europe’s largest provider after slicing off Russian gasoline”, the NOD famous in that report.
“The Troll discipline within the North Sea accounts for about one-third of total gasoline manufacturing, and this case will proceed over the subsequent few years”.
In the meantime Norway’s 2025 oil manufacturing of about 106 MMcm marked the nation’s highest since 2009, in response to the report. “The Johan Sverdrup discipline within the North Sea accounts for near 40 % of this, and the sphere has produced at plateau during the last three years”, the report mentioned. “The sector will proceed to offer a big share of oil manufacturing over the subsequent few years, regardless of regularly declining from plateau.
“The Johan Castberg discipline within the Barents Sea began producing in March and has regularly contributed to elevated oil manufacturing on the shelf. The sector reached plateau manufacturing in the summertime of 2025, and the Directorate expects plateau manufacturing to be maintained for a number of years earlier than a pure decline.
“Manufacturing from the NCS [Norwegian continental shelf] is sort of equally distributed between oil and gasoline”.
At yearend 2025 there have been 97 fields producing in Norwegian waters, with no shutdowns over the yr, in response to “The Shelf”.
“Manufacturing is predicted to stay at a secure, excessive stage over the subsequent few years, and can then regularly decline in direction of the tip of the 2020s”, the NOD mentioned in that report.
Moreover as of December 2025 the NCS had 17 discipline growth initiatives underway, the report mentioned. Eight of those are on Norway’s aspect of the North Sea, eight within the Norwegian Sea and one within the Norwegian a part of the Barents Sea.
“These initiatives will assist maintain the funding stage excessive and sluggish the underlying decline in manufacturing over the subsequent decade”, the report mentioned. “Further growth initiatives may even assist prolong lifetimes and thereby result in improved restoration from current fields”.
Majority state-owned Equinor ASA noticed a two % year-on-year drop in its web gasoline manufacturing in Norway in 2025, averaging 739,000 barrels of oil equal per day (boepd). Alternatively, the corporate’s web liquids manufacturing at dwelling grew seven % to 671,000 boepd.
“Within the fourth quarter of 2025, manufacturing elevated in comparison with the identical quarter final yr, pushed by new fields approaching stream, together with Johan Castberg and Halten East, in addition to new wells”, Equinor mentioned in its quarterly report February 4, 2026. “The rise was partially offset by pure decline in a number of fields. Johan Castberg operated at minimal manufacturing ranges for 25 days throughout the quarter on account of unplanned upkeep.
“Liquids manufacturing elevated greater than gasoline within the quarter, pushed by new fields approaching stream with the next proportion of liquids within the manufacturing combine.
“Manufacturing elevated for 2025 in comparison with 2024, reflecting ramp-up of latest fields and new wells throughout the yr, in addition to secure efficiency, partially offset by pure decline”.
In a separate press launch Friday, the NOD reported a rise of 111 MMcmoe to fifteen.72 Bcmoe within the nation’s estimated complete useful resource volumes in 2025 in comparison with 2024. The 2025 determine comprised 9.04 Bcm of liquids and 6.69 trillion cubic meters of gasoline.
“The Useful resource Accounts present excessive manufacturing of each liquids and gasoline, and that useful resource progress is changing 60 % of manufacturing”, mentioned NOD assistant director for analyses Nadine Mader-Kayser.
The NOD mentioned, “Whereas there was a discount in contingent sources in fields, there was a rise in contingent sources in discoveries. In different phrases, regardless of a minor discount in undiscovered sources, there’s an total improve in complete petroleum sources”.
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