Norway Gas Output Falls 12.6% MoM Ahead of Winter, Tightening European Supply

Norwegian natural gas production dropped 12.6% month-on-month in September, with total petroleum output down 10.4% and 4% below forecast, per preliminary NOD data. The decline tightens European supply ahead of winter, raising price and security-of-supply concerns. Uncertainty remains over whether this is a temporary maintenance-driven dip or a sustained trend.