Norway's Oil Production for December Below Forecast

Tuesday, 23 January 2018

Norway's December oil output saw a 26,000 barrel-per-day increase compared to November, according to official figures from the Norwegian Petroleum Directorate (NPD) on Tuesday.

Norway's preliminary oil production for December was about 4 percent below the NPD's forecast for the month.

"The main reasons that production in December was below forecast is that Goliat field was closed until the Dec. 17, and technical problems and maintenance work on some other fields," the NPD explained.

Nonetheless, the country's total gas sales for December saw a monthly increase of 0.3 billion cubic meters and reached 10.9 billion cubic meters compared to November.

The Nordic country's daily production of oil, natural gas liquids and condensate was about 1.93 billion barrels for the month of December.

(Anadolu Agency)

Related content