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Have timely access to reliable Natural Gas price assessments in Norway:
Each assessment includes Natural Gas price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.
Natural Gas price assessments for Norway and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.
In June 2023, Iceland recorded the highest gasoline prices among Scandinavian countries, at 2.25 euros or 2.08 U.S. dollars per liter. In contrast, the least expensive gasoline in Scandinavia at that time could be purchased in Sweden at 1.84 euros per liter.
The natural gas prices for household end users (including taxes, levies, and VAT) in Norway increased by 3.8 euro cents per kWh (+20.81%) in the second half of 2021. With 22.06 euro cents per kWh, the natural gas prices thereby reached their highest value in the observed period.The prices include electricity/basic price, transmission, system services, meter rental, distribution and other services.
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Have timely access to reliable Fuel Oil price assessments in Norway:
Each assessment includes Fuel Oil price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.
Fuel Oil price assessments for Norway and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.
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TTF Gas decreased 8.92 EUR/MWh or 17.69% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas TTF - values, historical data, forecasts and news - updated on March of 2025.
Hong Kong had the highest prices for premium gasoline (95-RON) on February 10, 2025. That day, prices averaged 3.39 U.S. dollars per liter, which was notably more than in any other country. While oil-rich countries enjoy some of the lowest gasoline prices, drivers in big car markets such as Europe pay around two U.S. dollars per liter.
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In 2023, after three years of growth, there was significant decline in overseas purchases of wood fuel, when their volume decreased by -48.2% to 128K cubic meters.
Norway's oil and gas extraction industry has recorded a producer price index of nearly 140 index points in 2024, up from 100 in the base year 2021. In 2022, sales to foreign markets tended to lead to greater profits, as producer prices were generally higher. This development was a reflection of supply bottlenecks across much of continental Europe and the United Kingdom, Norway's greatest oil and gas trading partners.
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Explore the rising European gas prices driven by reduced Russian supply and its impact on the economy and energy strategies.
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Graph and download economic data for Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Norway (CPGREN01NOQ657N) from Q1 1979 to Q4 2023 about Norway, fuels, electricity, energy, gas, CPI, price index, indexes, and price.
1.63 (US dollars/liter) in 2016. Fuel prices refer to the pump prices of the most widely sold grade of diesel fuel. Prices have been converted from the local currency to U.S. dollars.
Natural gas producers are facing turbulent times. Europe has traditionally relied on Russia and Norway as internal sources of natural gas, while countries such as the US, Qatar and Algeria are a major source of imports. Russia’s invasion of Ukraine has shaken up Europe’s natural gas supply structure, with European governments making efforts to reduce their dependence on Russian gas supplies. Revenue is forecast to fall at a compound annual rate of 4.4% to €71.6 billion over the five years through 2024. Revenue expanded in 2021 as a sharp hike in natural gas prices and a post-pandemic rise in demand drove an increase in exploration and production activity. Russia’s invasion of Ukraine led to a spike in natural gas prices, with the impacts of reduced demand for gas and a decrease in Russian gas production outweighed by soaring wholesale prices and heightened demand for other natural gas reserves, spurring a jump in revenue. An ongoing reduction in demand for natural gas and easing prices caused revenue to dip in 2023. This trend is expected to continue into 2024, when revenue is slated to fall by 57%. Revenue is forecast to rise at a compound annual rate of 11.9% over the five years through 2029 to €125.3 billion. The gas market will continue to be shaped by geopolitical tensions into the medium term, with the International Energy Agency expecting natural gas prices to remain high until 2025 as countries continue to shift their supply structure. Following this, natural gas demand and prices are set to fall as Europe continues to expand its renewables capacity.
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Norway Consumer Price Index (CPI): HW: Electricity, Gas & Fuel: Electricity data was reported at 254.100 1998=100 in Dec 2016. This records a decrease from the previous number of 268.400 1998=100 for Nov 2016. Norway Consumer Price Index (CPI): HW: Electricity, Gas & Fuel: Electricity data is updated monthly, averaging 100.900 1998=100 from Jan 1979 (Median) to Dec 2016, with 456 observations. The data reached an all-time high of 281.300 1998=100 in Jan 2011 and a record low of 28.200 1998=100 in Jun 1979. Norway Consumer Price Index (CPI): HW: Electricity, Gas & Fuel: Electricity data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.I007: Consumer Price Index: 1998=100. Rebased from 1998=100 to 2015=100 Replacement series ID: 384054267
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Norway Consumer Price Index (CPI): Weight: HW: Electricity, Gas & Fuel: Liquid Fuels data was reported at 0.900 Per 1000 in Oct 2018. This stayed constant from the previous number of 0.900 Per 1000 for Sep 2018. Norway Consumer Price Index (CPI): Weight: HW: Electricity, Gas & Fuel: Liquid Fuels data is updated monthly, averaging 3.700 Per 1000 from Jan 1979 (Median) to Oct 2018, with 478 observations. The data reached an all-time high of 11.500 Per 1000 in Jul 1982 and a record low of 0.900 Per 1000 in Oct 2018. Norway Consumer Price Index (CPI): Weight: HW: Electricity, Gas & Fuel: Liquid Fuels data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.I013: Consumer Price Index: Weight.
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Norway Consumer Price Index (CPI): Housing, Water, Electricity, Gas & Other Fuels: Housing: Imputed Rental: Owner data was reported at 162.700 1998=100 in 2015. This records an increase from the previous number of 159.000 1998=100 for 2014. Norway Consumer Price Index (CPI): Housing, Water, Electricity, Gas & Other Fuels: Housing: Imputed Rental: Owner data is updated yearly, averaging 134.250 1998=100 from Dec 2000 (Median) to 2015, with 16 observations. The data reached an all-time high of 162.700 1998=100 in 2015 and a record low of 107.500 1998=100 in 2000. Norway Consumer Price Index (CPI): Housing, Water, Electricity, Gas & Other Fuels: Housing: Imputed Rental: Owner data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.I008: Consumer Price Index: 1998=100: Annual. Rebased from 1998=100 to 2015=100 Replacement series ID: 384055667
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Graph and download economic data for Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Imputed Rentals for Housing: Total for Norway (NORCP040200GPM) from Feb 1979 to Dec 2023 about tobacco, alcohol, Norway, beverages, CPI, price index, indexes, and price.
This statistic displays a timeline showing the producer price index (PPI) of the domestic electricity, gas and steam sector in Norway from 2008 to 2018. As of 2008, producer price index of the domestic mining and quarrying sector in Norway was 316.5. As of 2018, the producer price index of the domestic mining and quarrying sector was 392.3.
Natural gas supply across Europe's electricity production and the world prices of natural gas and crude oil significantly influence the performance of pipeline companies. The complex infrastructure of long-distance pipeline transport lends itself to a limited number of operators instead of a host of companies in charge of various sections across different regions. Because of this, most companies in the industry operate as regional monopolies, either over a whole country or a specific area. For example, Enagás (Spain), Fluxys (Belgium), GRTgaz (France) and Snam (Italy) are the EU's four most giant gas transporters (TSOs), owning over 100,000km of pipeline across Europe. Over the five years through 2024, industry revenue is expected to rise at a compound annual rate of 2.1% to reach €92.7 billion. Industry revenue relies heavily on transmission charges levied on users of gas pipelines, derived from tariff-based price controls set by national regulators. While decarbonisation has weighed on revenue growth, soaring oil and gas prices have provided some temporary opportunities for the industry. Over 2022 and the start of 2023, gas prices surged, resulting from Gazprom cutting EU gas suppliers by 80%, which meant many pipeline companies received higher tariff revenue, counterbalancing low downstream demand for gas. Over 2024, industry revenue is expected to dip by 2.2% as gas prices and demand tumble. Over the five years through 2029, industry revenue is projected to increase at a compound annual rate of 4% to reach €113.1 billion. Looking forward, investment in autonomous machinery and digitalisation will cut operating costs related to the maintenance of pipelines, supporting some profit expansion. A continued tumble in natural gas prices is expected to force regulators to lower the future revenue allowances, posing a threat to industry revenue growth. However, as the industry turns to transport greener commodities, like hydrogen, operators will need to invest in upgrading existing pipeline infrastructure to accommodate the shift. Green commodities will provide opportunities for pipeline companies to expand revenue while weaning off Europe's reliance on Russian natural gas and oil.
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Norway Consumer Price Index (CPI): Housing, Water, Electricity, Gas & Other Fuels: Electricity, Gas & Fuel: Electricity data was reported at 190.800 1998=100 in 2015. This records a decrease from the previous number of 198.100 1998=100 for 2014. Norway Consumer Price Index (CPI): Housing, Water, Electricity, Gas & Other Fuels: Electricity, Gas & Fuel: Electricity data is updated yearly, averaging 100.000 1998=100 from Dec 1979 (Median) to 2015, with 37 observations. The data reached an all-time high of 236.800 1998=100 in 2010 and a record low of 28.300 1998=100 in 1979. Norway Consumer Price Index (CPI): Housing, Water, Electricity, Gas & Other Fuels: Electricity, Gas & Fuel: Electricity data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.I008: Consumer Price Index: 1998=100: Annual. Rebased from 1998=100 to 2015=100 Replacement series ID: 384055717
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In 2023, gas supply meter imports into Norway declined to 1.8K units, with a decrease of -9.3% compared with 2022 figures.
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Have timely access to reliable Natural Gas price assessments in Norway:
Each assessment includes Natural Gas price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.
Natural Gas price assessments for Norway and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.