The forecast for natural gas production in Italy shows a significant decline from 2024 to 2028, decreasing from 2.87 to 1.49 million tonnes of oil equivalent. In 2023, the production stood at a higher level compared to these forecasted values.
Year-on-year, the production is expected to drop by 12.2% in 2025, 13.5% in 2026, 16.1% in 2027, and 18.6% in 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) captures an average decline of successive years.
Future trends to watch for involve shifts towards renewable energy sources, Italy's energy policy changes, and technological advancements in the gas industry, all of which could influence the country's natural gas production landscape.
