In 2023, Norway was the leading European producer of Natural Gas Liquids (NGL), with 67.02 thousand tonnes of oil equivalent, despite a decline of -4.42% compared to the previous year. The UK followed with 22.73 thousand tonnes but experienced a similar decrease of -4.65%. Ukraine made a notable increase of 2.4%. The Netherlands faced the most significant drop of -20.31%. The compound annual growth rate over the past five years revealed a mixed trend with several countries experiencing declines alongside moderate growth in others, such as Romania.
Future trends to watch include the potential stabilization or recovery in major producers like Norway and the UK, along with continued policy and economic changes affecting production capabilities and investments. Increased focus on renewable energies might also influence the dynamics of NGL production in Europe.
Top countries in Natural Gas Liquids Production Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 67.02 | 2023 | +1.75% | -4.42% | View data |
| 2 | 2 United Kingdom | 22.73 | 2023 | -4.17% | -4.65% | View data |
| 3 | 3 Ukraine | 6.05 | 2023 | -0.05% | +2.4% | View data |
| 4 | 4 Hungary | 1.56 | 2023 | +4.45% | -4.76% | View data |
| 5 | 5 Romania | 1.14 | 2023 | +1.22% | +5.67% | View data |
| 6 | 6 Netherlands | 0.55 | 2023 | -33.8% | -20.31% | View data |
| 7 | 7 Croatia | 0.52 | 2023 | +2.39% | +0.089% | View data |
| 8 | 8 Serbia | 0.23 | 2023 | -3.36% | -5.5% | View data |
| 9 | 9 Austria | 0.11 | 2023 | -6.97% | -5.12% | View data |
| 10 | 10 Italy | 0.072 | 2023 | -1.98% | View data |
