In 2024, Norway maintains its dominant position in European natural gas production with a 55.49% share, despite a slight decline of 0.31% in 2023. The United Kingdom follows with 15.05%, experiencing a 4.01% decrease. The Netherlands, Ukraine, and Romania are key contributors with shares of 8.75%, 8.36%, and 4.34% respectively, though they have all faced declines. Other notable countries include Poland, Italy, and Germany, which have also experienced reductions in their production shares.
Eastern European countries like Albania and Spain have shown growth, while Denmark, Germany, and Italy see significant declines. Belgium's production remains unchanged. Over the last five years, the region faces a compounded annual growth rate characterized largely by negative trends.
Future trends to watch include Norway's continued influence despite production pressures, the potential for increasing contributions from Eastern European countries, and the impact of geopolitical and regulatory changes on natural gas exploration and production dynamics in Europe.
Top countries in Natural Gas Production Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 55.49 | 2023 | +2.09% | -0.31% | View data |
| 2 | 2 United Kingdom | 15.05 | 2023 | -4.22% | -4.01% | View data |
| 3 | 3 Netherlands | 8.75 | 2023 | -13.55% | -9.9% | View data |
| 4 | 4 Ukraine | 8.36 | 2023 | -0.13% | -0.79% | View data |
| 5 | 5 Romania | 4.34 | 2023 | +1.54% | -0.8% | View data |
| 6 | 6 Poland | 1.74 | 2023 | -0.77% | -1% | View data |
| 7 | 7 Italy | 1.68 | 2023 | -7.36% | -6.5% | View data |
| 8 | 8 Germany | 1.51 | 2023 | -12.8% | -9.47% | View data |
| 9 | 9 Ireland | 1.08 | 2023 | +2.54% | -5.64% | View data |
| 10 | 10 Denmark | 1.04 | 2023 | -6.54% | -11.8% | View data |
