The Norwegian Shelf in 2016

02/14/2017 by

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A total of 116.8 billion Sm3 of gas was sold in 2016 which was quite similar to 2015 levels. Sales in 2016 were 9% higher than projected at the same time last year. This is, among other factors, due to continued high demand for gas from Europe. Several operating fields have raised gas production. This is evident in the prognosis for gas sales over the short-term, which illustrates a stable, high level of gas sales from the Norwegian shelf moving forward.