Production of liquid hydrocarbons in Norway up 2.3% in March

Production of liquid hydrocarbons in Norway in March, according to preliminary data, increased by 46,000 barrels (by 2.3%), amounting to 2.049 million barrels per day compared to the previous month, Report informs referring to the Norwegian Petroleum Directorate (NPD).

At the same time, NPD notes that the March indicator turned out to be 0.6% more than the organization’s forecast.

The volume of oil production in the country amounted to 1.826 million barrels per day, which is 0.2% higher than the NPD forecast and 2.9% more than in February. In addition, the volume of production of a wide fraction of light hydrocarbons amounted to 201,000 barrels per day in March, and 23,000 barrels of condensate.

In March, gas production amounted to 340.4 million cubic meters per day, which is 3.5% lower than the NPD forecast and 4% less compared to February.

According to the final data for February, the volume of production of liquid hydrocarbons in the country averaged just over 2 million barrels per day.