How much natural gas does Norway produce and export?
Norway is the nullth largest producer of natural gas: 121 billion cubic metres in 2025, 2.9% of the world's 4,196 billion cubic metres (Energy Institute). It is the 2nd largest exporter by value: $54.5 billion in 2024, 11% of world exports of natural gas including LNG (HS 2711) (CEPII BACI). Its biggest customer is Germany, which takes 31% of its natural gas exports by value.
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Norway's natural gas production
| World rank | Production (billion cubic metres) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 121 billion cubic metres | 2.9% | +0.5% a year | 2025 |
Energy Institute Statistical Review of World Energy, Statistical Review 2026.
Share of world output over time
| 1990 | 2000 | 2010 | 2020 | 2025 |
|---|---|---|---|---|
| 1.3% | 2.1% | 3.3% | 2.8% | 2.9% |
Norway's natural gas exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 2 | $54.5 billion | 11% | 101.5 million t | $537 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 2711 (Petroleum gases and other gaseous hydrocarbons).
Where Norway's natural gas goes
| Destination | Value | Share of Norway's exports |
|---|---|---|
| Germany | $16.7B | 31% |
| United Kingdom | $13.0B | 24% |
| Belgium | $6.9B | 13% |
| France | $6.7B | 12% |
| Netherlands | $4.7B | 8.6% |
The natural gas price Norway sells into
The benchmark price, US Henry Hub, was $2.95/MMBtu in September 2026, down 1% over twelve months. Its five-year volatility is 75% a year, calmer in 97% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Natural gas price history.
Cite as: Commodity Origins, "Norway natural gas: production, exports and prices", https://commodityorigins.com/countries/NOR/natural-gas/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.