In 2023, the support for natural gas in Brazil stood at an unspecified level. From 2024 to 2028, forecasts reveal a steady annual decline in total support values, decreasing from $754.48 million to $463.2 million. Year-on-year declines are expected to be approximately 10.1% in 2025, 10.9% in 2026, 11.9% in 2027, and 13.0% in 2028. The compound annual growth rate over the five-year forecast period is negative, indicating a continual decrease in support for natural gas consumption.
Future trends to watch for include:
- Potential regulatory changes affecting natural gas subsidies.
- Shifts in consumer energy preferences towards renewable sources.
- Technological advancements impacting natural gas infrastructure and efficiency.
- Economic factors influencing energy demand and pricing.
