Based on the provided data, the production of natural gas in Turkey in 2024 is forecasted at 315.65 Thousand Tonnes of Oil Equivalent (ktoe). From 2024 to 2028, there is a consistent decline in production, with a year-on-year decrease observed: -1.01% in 2025, -0.97% in 2026, -0.93% in 2027, and -0.90% in 2028. This represents an average annual decline (CAGR) of approximately -0.95% over the five-year period. As a reference, in 2023, production stood at 318.89 ktoe, indicating the initiation of this downward trend.
Future trends to watch for:
- Policy changes impacting energy production and extraction.
- Technological advancements in natural gas extraction and processing.
- Diversification strategies towards renewable energy sources.
- Global market fluctuations and their impact on natural gas demand.
- Investment levels in Turkey’s natural gas infrastructure.
