Norwegian gas production hit a record high in 2024, with a total of 124 billion cubic meters (bcm) sold, the Norwegian Offshore Directorate announced Thursday.
The figure also surpasses the previous record of 122.8 bcm set in 2022, the directorate said in a statement showing the summary of activity on the Norwegian continental shelf in 2024.
Production is expected to remain stable at high levels before gradually declining toward the late 2020s, the statement added.
Commenting on the data, Torgeir Stordal, the director general of the Norwegian Offshore Directorate, said: ‘Since the transport of gas from Russia through Ukraine ended at year-end, gas from Norway has become even more important.’
‘Electricity exports are a hot topic these days. Energy content of our gas exports are about 100 times larger than net electricity export,’ Stordal added.
