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Norway’s oil production seen rising 5.2% in 2025, gas seen down 1.6%

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Norway’s production of oil liquids is expected rise by 5.2% in 2025 compared to 2024, while natural gas output is set to decline by 1.6%, the government projected in its draft budget on Monday. The Nordic country is Europe’s top gas supplier and a significant producer of crude, pumping a total of more than four ...

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