Norway's gas production is forecasted to increase from 12.28 billion cubic feet per day (BCFD) in 2024 to 13.04 BCFD by 2028. Compared to 2023, gas production stood at 12.10 BCFD, marking a steady increase over the period. The year-on-year variations show a continuous growth: 1.55% for 2025, 1.52% for 2026, 1.50% for 2027, and 1.48% for 2028. The compound annual growth rate (CAGR) over the next five years is projected to be 1.51%.
Future trends to watch for include potential impacts of geopolitical developments, changes in energy policies, advancements in extraction technologies, and shifts in global gas demand. These factors could significantly influence the forecasted growth in gas production.
