In 2024, Europe's natural gas production is predominantly led by Norway, holding 55.34% of the share, followed by the United Kingdom at 15.12%, and the Netherlands at 8.79%. Countries like Ukraine (8.4%) and Romania (4.36%) also contribute notably. Smaller producers like Poland, Italy, and Germany hold between 1.52% and 1.75% each. The remaining countries, including Ireland, Denmark, Hungary, Austria, and others, contribute very minimally, with shares ranging from 1.09% to as low as some negligible fractions represented by countries like Moldova.
Year-on-year variations show a general decline in production across most major producers except for Albania and Spain, which saw increases of 27.25% and 5.42%, respectively. Denmark, Denmark, and Hungary showed the most significant declines, with reductions of 11.8%, 10.38%, and 7.11%. The compound annual growth rate over the last five years highlights this overall declining trend in natural gas production across Europe.
Future trends to watch for include potential stabilization or increases in production from smaller or historically underutilized sources such as Spain and Albania. Additionally, policy shifts aimed at energy transition, geopolitical developments, and technological advancements in extraction and renewable integration will significantly impact these production trends in the coming years. Monitoring environmental policies and commitments to net-zero targets will also be crucial as they could further drive down natural gas production in favor of greener alternatives.
Top countries in Production of Natural Gas Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 55.34 | 2023 | +1.74% | -0.46% | View data |
| 2 | 2 United Kingdom | 15.12 | 2023 | -4.22% | -4.01% | View data |
| 3 | 3 Netherlands | 8.79 | 2023 | -13.55% | -9.9% | View data |
| 4 | 4 Ukraine | 8.4 | 2023 | -0.13% | -0.79% | View data |
| 5 | 5 Romania | 4.36 | 2023 | +1.54% | -0.8% | View data |
| 6 | 6 Poland | 1.75 | 2023 | -0.77% | -1% | View data |
| 7 | 7 Italy | 1.69 | 2023 | -7.36% | -6.5% | View data |
| 8 | 8 Germany | 1.52 | 2023 | -12.8% | -9.47% | View data |
| 9 | 9 Ireland | 1.09 | 2023 | +2.54% | -5.64% | View data |
| 10 | 10 Denmark | 1.05 | 2023 | -6.54% | -11.8% | View data |
