The gross available energy of natural gas in Turkey witnessed fluctuations over the years, starting from 436.77 Thousand GWh in 2013 and reaching 599.47 Thousand GWh in 2023. The year-on-year variation significantly spiked in 2017 and 2021 with increases of 15.6% and 23.68% respectively. However, declines were notable in several years, particularly in 2018 and 2019 with reductions of 7.27% and 9.69%, respectively. The compound annual growth rate (CAGR) over the last five years (2019-2023) was around 4.68%.
From 2024 onwards, the forecast indicates a moderate upward trend with a five-year CAGR projected at 1.77%, leading to a total growth rate of 9.19% by 2028. Expected values in 2024 will initiate at 613.94 Thousand GWh, increasing steadily each subsequent year.
Future trends to watch for include policy changes in energy sourcing and consumption, advances in natural gas extraction technologies, and the impact of geopolitical dynamics on energy imports. Environmental regulations and the shift towards renewable energy may also play a crucial role in shaping the demand and availability of natural gas in Turkey.
