Orlen Upstream Norway starts gas production from the Idun Nord field in the Norwegian Sea
New natural gas production has come online, adding supply to the market.
Source →The trace
How it reaches your house.
Starting from Equinor ASA, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Equinor ASA →supply upIdun Nord's new output adds gas supply to the broader market, easing Equinor's procurement of its natural-gas input.
72% confidenceShell plc →Prices easeNatural gas wellhead production
Idun Nord's new Norwegian gas output adds supply to the same natural-gas production market Shell participates in, so realized prices for Shell's 3.5% share of output are likely pressured lower.
69% confidenceEquinor ASA →supply upNatural Gas (Haber-Bosch Feedstock and Fuel)
New Norwegian gas production adds market supply, which should make this natural-gas input more available; the 8% share and moderate substitutability keep the effect modest.
Hop 2
Natural gas wellhead production →supply upNatural gas wellhead production is a critical, one-for-one input to home natural gas supply, so new production directly increases availability downstream.
97% confidenceNatural Gas (Haber-Bosch Feedstock and Fuel) →supply upAmmonia and nitrogen fertilizers
Natural gas is a critical Haber-Bosch feedstock and fuel, so added gas supply should increase ammonia and nitrogen fertilizer availability.
95% confidenceNatural Gas (Roasting Fuel) →supply upHop 3
Norway →supply upIdun Nord adds Norwegian natural gas output, and Norway supplies 15% of this market, so available natural gas rises.
90% confidenceNorway →supply upNatural Gas for Yankee Dryer and Steam Generation
Additional Norwegian gas can increase availability in this industrial gas-use market, where Norway has a 20% supply share.
80% confidenceNorway →supply upNatural Gas (glass furnace fuel)
More Norwegian gas production modestly increases supply to glass-furnace fuel buyers, a market Norway supplies at 15%.
Hop 4
Urea Nitrogen Fertilizer (46-0-0) →supply upUrea is a critical fertilizer input for rice, so more urea supply can directly raise rice-growing input availability and output.
95% confidenceAnhydrous Ammonia (MAP / DAP Production) →supply upPotash and phosphate fertilizers
Anhydrous ammonia is a critical MAP/DAP input, so more available ammonia should lift fertilizer output.
91% confidenceNatural Gas for Yankee Dryer and Steam Generation →supply upNatural gas is a critical input to paper and household products, so added gas supply should ease a key production constraint and improve output availability.
Where it lands
What you buy, and what you own.
Goods you buy
Natural gas (home) · Ammonia and nitrogen fertilizers · Coffee · Industrial gases · Rice · Potash and phosphate fertilizers · Paper and household products · Fertilizers and crop inputs
In the MyPRIA app, this is checked against your own holdings.