Ireland is the world’s 44th-largest producer of natural gas and the country’s output decreased by 8% in 2022, over 2021. The country accounts for 0.03% of global production, with the world’s other largest producers being the US, Russia and Iran. GlobalData uses proprietary data and analytics to provide a complete picture of the natural gas sector in Ireland in its report, Oil and Gas Upstream Production and Capex Outlook by Projects (Crude and Condensate and Natural Gas), Fields (Active, Planned and Announced), Region, Key Countries, Companies and Forecast, 2023-2027. Buy the report here.
Over the five years to 2022, production from Ireland decreased by a CAGR of 20% and is expected to drop by a CAGR of 11% between 2023 and 2027.
The largest producers of natural gas in Ireland are Nephin Energy, Equinor and Vermilion Energy. Nephin Energy was the largest producer of natural gas in 2022 with output down by 8% on 2021.
Equinor was the second-largest producer, with output down by 8%, and Vermilion Energy was third with a decrease of 8% on the previous year.
There are one natural gas producing fields in Ireland, all located onshore. The North Atlantic Ocean has the majority of the natural gas fields in the country with one.
For more detailed analysis of natural gas sector in Ireland, buy the report here.