In 2023, Norway led European natural gas extraction with 59.36 thousand metric tons, followed by the UK and the Netherlands with 15.07 and 12 thousand metric tons, respectively. Notable declines were observed in major extracting countries such as Denmark (-11.04%), Germany (-6.05%), and Italy (-6.27%). By contrast, Spain and Albania reported the only positive year-on-year growth at 7.27% and 17.21% respectively.
Looking forward, the European natural gas extraction landscape will likely face challenges such as regulatory shifts, climate policies, and technological advancements. Monitoring how countries adapt to energy transition efforts and geopolitical factors will be vital in predicting extraction trends. Additionally, watch for developments in renewable energy sources that may influence the future share of natural gas in the energy mix.
Top countries in Natural Gas Domestic Extraction Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 59.36 | 2023 | +1.73% | -0.46% | View data |
| 2 | 2 United Kingdom | 15.07 | 2023 | -4.2% | -3.98% | View data |
| 3 | 3 Netherlands | 12 | 2023 | +3.74% | -3.67% | View data |
| 4 | 4 Romania | 3.35 | 2023 | +1.16% | -0.78% | View data |
| 5 | 5 Poland | 1.95 | 2023 | -0.86% | -0.64% | View data |
| 6 | 6 Germany | 1.84 | 2023 | -9.92% | -6.05% | View data |
| 7 | 7 Italy | 1.34 | 2023 | -6.9% | -6.27% | View data |
| 8 | 8 Ireland | 1 | 2023 | +8.34% | -3.5% | View data |
| 9 | 9 Denmark | 0.89 | 2023 | -5.91% | -11.04% | View data |
| 10 | 10 Hungary | 0.62 | 2023 | -0.052% | -4.08% | View data |
