In 2023, Turkey's natural gas production stood at 14.72 thousand terajoules. The forecasted values for 2024 to 2028 show a consistent year-on-year growth. From 2024 to 2025, production is expected to increase by 3.48%, followed by a 3.36% rise from 2025 to 2026. The trend continues with a 3.25% increase from 2026 to 2027 and a 3.09% growth from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is 3.29%.
Future trends to watch for:
- Technological advancements in natural gas extraction and production.
- Government policies and regulations impacting the energy sector.
- Global natural gas market trends and price fluctuations.
- Investments in renewable energy that might influence natural gas production.
