In 2023, Norway led European natural gas liquids production, followed by the UK and Ukraine. Despite their leadership, Norway and the UK saw declines in production by approximately 4.42% and 4.65% respectively. Meanwhile, Ukraine and Romania experienced an increase, with Ukraine growing by 2.05% and Romania by 3.78%. Overall, the region exhibited a mixture of declining and rising production trends, with notable reductions in the Netherlands and Austria at 24.65% and 14.6%, respectively.
Future trends to watch include:
- Sustainability measures impacting production methods.
- Geopolitical influences on resource availability.
- Technological advancements improving extraction efficiency.
- Market demands shaping production levels across Europe.
Top countries in Natural Gas Liquids Production by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 349,550 | 2023 | +1.75% | -4.42% | View data |
| 2 | 2 United Kingdom | 118,540 | 2023 | -4.17% | -4.65% | View data |
| 3 | 3 Ukraine | 31,040 | 2023 | -0.63% | +2.05% | View data |
| 4 | 4 Hungary | 6,970 | 2023 | -3.94% | -7.71% | View data |
| 5 | 5 Romania | 5,430 | 2023 | -0.15% | +3.78% | View data |
| 6 | 6 Croatia | 2,300 | 2023 | -5.59% | -2.98% | View data |
| 7 | 7 Netherlands | 2,180 | 2023 | -45.59% | -24.65% | View data |
| 8 | 8 Serbia | 1,230 | 2023 | -1.59% | -4.69% | View data |
| 9 | 9 Italy | 362.81 | 2023 | -4% | View data | |
| 10 | 10 Austria | 342.58 | 2023 | -30.64% | -14.6% | View data |
