UPDATE 1-Norway's overall oil, gas output beats forecast in November

Reuters12-20 16:14

(Adds output numbers, detail in paragraphs 2-3)

OSLO, Dec 20 (Reuters) - Norway's combined oil and gas production exceeded an official forecast by 2.6% in November, the Norwegian Offshore Directorate (NOD) said on Friday.

Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies from month to month depending on maintenance needs and other stoppages at more than 90 offshore fields.

Overall oil, condensate, natural gas liquids and gas output stood at 0.674 million standard cubic metres per day, equivalent to 4.24 million barrels of oil equivalent, a decrease of 2.3% year-on-year.

(Reporting by Terje Solsvik, editing by Nora Buli)

((terje.solsvik@thomsonreuters.com; +47 918 666 70;))

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