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Norway’s Troll Gas Expansion Buys Europe Time—But Not New Supply

Norway’s Troll Gas Expansion Buys Europe Time—But Not New Supply | EN590 Commodities Group
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$102.14/bbl   +0.34%$96.90/bbl   +0.21%$846/MT   +0.18%$1090/MT   +0.55%$450/MT   -0.15%$470/MT   +0.08%
Natural Gas / LNG

Norway’s Troll Gas Expansion Buys Europe Time—But Not New Supply

August 25, 2026
Source: oilprice.com
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BLM Sets October Oil and Gas Lease Sale for Montana and Dakotas Jan-Thore is a Norwegian oil and gas expert with two decades of industry experience across a variety of roles.

For the past five years, he… Norway hasstartedproduction from the second stage of the Troll Phase 3 development, accelerating 55 billion cubic meters of natural gas from the Troll West reservoir and helping sustain high gas deliveries to Europe from one of the continent’s most important energy assets.

Production began on August 22, several months earlier than planned and a cost at tens of millions of dollars below the original estimate of approximately $1.2 billion, according to Equinor.

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The project does not increase the Troll field’s recoverable resources.

Instead, it bringsexisting gas reservesforward, supporting production through Troll A and the Kollsnes processing plant as output from other mature Norwegian fields declines.

Europe is not receiving a new source of gas.

Norway is improving the timing and reliability of supply from an existing one.

The 55 billion cubic meters covered by the project is equivalent to almost two years of French gas demand.

According to the Norwegian Offshore Directorate, the development could accelerate as much as 7 billion cubic meters in a single year—equivalent to roughly 6% of Norway’s recent annual gas exports.

“Troll is the backbone of Norwegian gas exports to Europe,” Lill Harriet Brusdal, Equinor’s vice president for Troll and Kvitebjørn, said.

“This project accelerates production from the reservoir, helping maintain today’s high level of gas exports from Troll and Kollsnes for as long as possible.” A 30-Year-Old Platform Still Supplying Europe Troll A began production in 1996 and remains one of the pillars of the European gas system.

The Troll field contains approximately 40% of the remaining gas reserves on the Norwegian Continental Shelf and alone supplies gas equivalent to around 10% of European consumption.

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Indicative Market Prices August 25, 2026 22:11 UTC
ProductPriceChange
Brent Crude$102.14/bbl +0.34%
WTI Crude$96.90/bbl +0.21%
EN590 Diesel$846/MT +0.18%
Jet Fuel A-1$1090/MT +0.55%
Mazut M100$450/MT -0.15%
Bitumen 60/70$470/MT +0.08%
Sulphur Gran 99.5%$470/MT -0.44%
Urea 46% Gran$650/MT +1.12%
NPK 16-16-16$460/MT -0.28%
Nat Gas TTF$15.42/MMBtu +0.92%
* Indicative prices for reference only. Contact us for firm offers.
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