Denmark has once again achieved the status of a net exporter of gas after production has increased significantly, while consumption has stabilized at a lower level.
This is evident from a new monitoring report from the Danish Electricity Supply Authority, which looks at the development of the Danish gas market from 2021 to 2025.
The increase in production is mainly due to the reopening of the Tyra field in the North Sea in March 2024, but also a minor growth in the production of bionatural gas. At the same time, Danish gas consumption has fallen to a stable lower level compared to previous years.
- The growth in domestic production of both fossil and bionatural gas, together with what appears to be a stable lower consumption, means that the Danish gas market is today relatively better equipped to deal with unforeseen events than immediately before the energy crisis, says the Danish Energy Supply Authority's Director, Carsten Smidt.
According to the report, production began to increase again in 2021 after several years of decline, as a result of the closure and conversion of the Tyra field. The most significant increase is seen in the production of fossil natural gas, which in the first half of 2025 was 85 percent higher than the same period the previous year. The production of bionatural gas has increased more moderately.
The report also points out that Europe's dependence on Russian gas has decreased significantly, while imports of liquid LNG have increased. This has made gas prices more sensitive to fluctuations in the world market and led to slightly higher price volatility in the first half of 2025.
- Whereas Danish gas prices before the energy crisis were driven to a greater extent by fundamental factors such as weather, supply and demand, we will probably have to get used to the fact that the world market will also play a significant role in the future, says Carsten Smidt.
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