In 2023, the natural gas energy supply in France stood at 36.19 million tonnes of oil equivalent. Over the last two years, there have been slight fluctuations with a year-on-year variation of -1.88% in 2022 and -0.33% in 2023. The compound annual growth rate (CAGR) over the last five years shows a minor decline of -0.35%.
The forecasted data from 2024 to 2028 suggests a continuation of this slight downward trend, with the energy supply expected to decrease to 35.62 million tonnes of oil equivalent by 2028. The forecasted CAGR over this period is -0.26%, indicating a steady but modest decline.
**Future trends to watch for:** - **Renewable Energy Integration:** Increasing reliance on renewable energy sources could further impact natural gas consumption. - **Government Policies:** Changes in energy policies and incentives could alter the trajectory of natural gas supply in France. - **Technological Advancements:** Innovations in natural gas extraction and usage could improve efficiency and potentially stabilize supply levels.
