Forecast: Energy Supply of Natural Gas in Belgium

The energy supply of natural gas in Belgium exhibited fluctuating trends from 2013 to 2023, with the year 2023 witnessing a supply of 15.46 million tonnes of oil equivalent (Mtoe). Notably, from 2022 to 2023, the supply registered an incremental year-on-year rise of 0.65%. Examining compound annual growth rates (CAGR), the period from 2018 to 2023 reflected a gradual ascent with a 5-year CAGR of 0.53%.

Projected trends from 2024 onwards suggest a steady but modest growth in natural gas supply, with the supply anticipated to reach 15.94 Mtoe by 2028, translating to a 5-year CAGR of 0.49% and a cumulative growth of 2.46% over this period.

Future trends to watch for include potential impacts of energy policies focusing on renewable sources, technological advancements in natural gas production, and geopolitical shifts affecting supply chains.

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