In 2023, Norway led the production of European Natural Gas Liquids (NGL) transformation with 7.28 Million Tonnes of Oil Equivalent. The Netherlands and the United Kingdom followed with 2.81 and 2.1, respectively. Most countries experienced declining outputs, except for Croatia, Belgium, Romania, Montenegro, and Ukraine, which saw positive growth. France and Hungary showed significant decreases. The year-on-year decrease in Norway's output was the most notable at -7.0%, while Belgium marked a substantial increase of 13.33%.
Looking ahead, factors such as geopolitical dynamics, technological advancements, and energy policy transitions towards greener solutions will shape future trends in European NGL production. Investment in cleaner energy alternatives might influence NGL transformation outputs.
Top countries in Natural Gas Liquids Transformation Output by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 7,280 | 2023 | -5.44% | -7% | View data |
| 2 | 2 Netherlands | 2,810 | 2023 | -2.16% | -1.4% | View data |
| 3 | 3 United Kingdom | 2,100 | 2023 | -2.16% | -1.91% | View data |
| 4 | 4 France | 153.82 | 2023 | +12.61% | -14.45% | View data |
| 5 | 5 Croatia | 57.18 | 2023 | +1.86% | +6.74% | View data |
| 6 | 6 Hungary | 45.89 | 2023 | +5.68% | -9.84% | View data |
| 7 | 7 Belgium | 43.19 | 2023 | +3.58% | +13.33% | View data |
| 8 | 8 Romania | 23.14 | 2023 | +0.03% | +11.81% | View data |
| 9 | 9 Montenegro | 7.4 | 2023 | +19.19% | +10.97% | View data |
| 10 | 10 Ukraine | 5 | 2023 | +3.48% | +4.55% | View data |
