Annual refinery output of fuel oil in Norway is projected to increase from 73.02 thousand terajoules in 2024 to 76.14 thousand terajoules in 2028. This forecast indicates a steady growth pattern of around 1% year-on-year. Specifically, the data for 2024 stands at an increase relative to 2023 but the exact previous value is not provided for benchmark comparison.

Key future trends to watch for include:

The impact of renewable energy adoption which may affect the demand for traditional fuel oils.
Regulatory changes and environmental policies focusing on reducing carbon emissions that could drive down domestic production.
Technological advancements in refinery processes potentially leading to greater efficiency and higher outputs.