Canada's gas production has seen significant growth from 2013 to 2023, with actual production standing at 6.9 Exajoules in 2023. The year-on-year variation was 3.53%, indicating steady growth. Over the past 5 years, the CAGR was 1.62%, showing moderate average annual growth. Between 2013 and 2023, we see both positive and negative annual variations, reflecting market fluctuations and external factors influencing production levels.
Looking forward, the forecast suggests continued growth in gas production through 2028, with a forecasted 5-year CAGR of 1.22% and an overall growth rate of 6.27%. Future trends to watch include advancements in extraction technology, regulatory changes, and global demand shifts that could impact Canada's gas production efficiencies and output levels.
