The forecasted data indicates a steady increase in the availability of Natural Gas Liquids (NGLs) for final consumption in the UK from 2024 to 2028. Starting at 2.38 thousand tonnes of oil equivalent in 2024, there is a clear upward trend with a significant year-on-year growth rate, culminating at 4.22 thousand tonnes by 2028. This reflects robust development, likely driven by increased production capacity or enhanced supply chains.
In 2023, the value stood at a lower threshold, indicating the comparative growth trajectory for these years.
Future trends to watch for include:
- Technological advancements affecting production efficiency
- Policy changes impacting supply and demand dynamics
- Fluctuations in global energy markets and their influence on UK consumption
