The supply of Natural Gas Liquids (NGLs) in Italy saw a notable change in 2020, rising dramatically to 411.86 Terajoules after years of zero production. From 2021 through 2023, the supply levels declined gradually, reaching 362.81 Terajoules in 2023. Year-on-year variation shows a decrease of -3.11% in 2021, -5.29% in 2022, and -4% in 2023. Forecasts indicate a continuing downward trend, with the supply projected to decline to 289.41 Terajoules by 2028. The forecasted compound annual growth rate (CAGR) over the five-year period is -3.61%, with an overall forecasted decrease of -16.8% by 2028.
Future trends to watch for include the impact of ongoing energy transition policies aimed at reducing carbon emissions, potential developments in renewable energy that could further decrease reliance on NGLs, and technological advancements in energy efficiency. Monitoring these trends is crucial for understanding the evolving energy landscape in Italy.
