In 2024, the landscape of Natural Gas Liquids (NGL) production in Europe is led by Norway, with 8.35 Million Tonnes Of Oil Equivalent, followed by the United Kingdom with 2.83. Ukraine and Hungary have notable, albeit smaller, contributions, at 0.75416 and 0.19476, respectively. Romania posted a slight increase, signaling a modest upward trend in production. Smaller producers include the Netherlands with 0.06875 and Croatia at 0.06433, while countries such as Serbia, Austria, Italy, Slovakia, and Slovenia contribute minimally to the European NGL output. Croatia shows marginal growth, while Serbia and Austria experienced declines, with Italy's production remaining static.
Year-over-year, Norway and the United Kingdom saw declines of 4.42% and 4.65%, respectively, while Romania and Ukraine showed positive trends. Notably, the Netherlands saw a significant drop of 20.31%, and Slovenia also experienced a significant decrease of 10.16%. Future insights suggest a stable or slightly improving trend for Romania's production, while stronger declines could persist for the Netherlands and minor producers. Monitoring the impact of geopolitical shifts and innovations in extraction technologies will be essential for future assessments.
Top countries in Natural Gas Liquids Production by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 8,350 | 2023 | +1.75% | -4.42% | View data |
| 2 | 2 United Kingdom | 2,830 | 2023 | -4.17% | -4.65% | View data |
| 3 | 3 Ukraine | 754.16 | 2023 | -0.05% | +2.4% | View data |
| 4 | 4 Hungary | 194.76 | 2023 | +4.45% | -4.76% | View data |
| 5 | 5 Romania | 141.92 | 2023 | +1.22% | +5.67% | View data |
| 6 | 6 Netherlands | 68.75 | 2023 | -33.8% | -20.31% | View data |
| 7 | 7 Croatia | 64.33 | 2023 | +2.39% | +0.089% | View data |
| 8 | 8 Serbia | 28.26 | 2023 | -3.36% | -5.5% | View data |
| 9 | 9 Austria | 13.85 | 2023 | -6.97% | -5.12% | View data |
| 10 | 10 Italy | 8.99 | 2023 | -1.98% | View data |
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