The forecasted output of Natural Gas Liquids (NGL) in the UK reveals a decreasing trend from 2024, starting at 2.04 million tonnes of oil equivalent, to 1.85 million tonnes by 2028. Comparing year-on-year variations, 2025 shows a -2.45% drop from 2024, followed by -2.01% in 2026, and reaching -2.63% by 2028. The compound annual growth rate (CAGR) indicates an average annual decline of approximately -2.44%.
Future trends to watch for include:
- Potential policy changes impacting energy production.
- Technological advancements improving extraction efficiency.
- Market dynamics, such as demand shifts towards renewable energy sources.