Forecast: Natural Gas Energy Supply in Turkey

From 2013 to 2023, Turkey's natural gas energy supply experienced fluctuating trends. After an initial increase from 37.56 million tonnes of oil equivalent in 2013 to 40.2 in 2014, there were declines and recoveries over subsequent years, peaking significantly in 2021 at 49.06 and reaching 51.55 by 2023. Year-on-year variations highlight periods of both significant growth (2017, 2021) and notable declines (2014-2016, 2018-2019). The compound annual growth rate (CAGR) over the last five years leading up to 2023 was 4.68%.

Future trends show a steady increase, averaging a 1.77% CAGR from 2024 to 2028, indicating a moderate but consistent growth in supply to 57.64 million tonnes of oil equivalent by 2028. Long-term trends should focus on supply chain stability, geopolitical influences, and shifts towards renewable energy sources which may affect natural gas demand.