Australia's gas production has witnessed a significant increase from 60.58 BCM in 2013 to 156.41 BCM in 2023. This steady growth over the decade, peaking at a 26.63% increase in 2016, notably slowed down in recent years, with a mere 2.35% year-on-year variation in 2023. The Compound Annual Growth Rate (CAGR) over the last five years stands at 4.19%, indicating a decelerated growth trend. Future projections suggest moderated growth, with a forecasted 5-year CAGR of 0.97% and total growth of 4.92% by 2028.

Future trends to watch for include:

Technological advancements in gas extraction and production efficiency.
Government policies regarding energy production and environmental impact.
Global market dynamics and demand for natural gas.
Investments in renewable energy sources that may alter the gas production landscape.