Forecast: Natural Gas Final Consumption in Chemical and Petrochemical Sectors in France

In 2023, the final consumption of natural gas in the chemical and petrochemical sectors in France was recorded at 3.03 Million Tonnes Of Oil Equivalent (Mtoe). The forecast from 2024 to 2028 shows a relatively stable consumption pattern, with values around 3.04 Mtoe in the first two years, increasing slightly to 3.05 Mtoe by 2026 and maintaining this level through to 2028. The lack of significant year-on-year variation in the forecast indicates a CAGR close to 0%, suggesting stability and predictability in consumption patterns.

Future trends to watch for:

  • Impact of energy efficiency measures on natural gas consumption.
  • Potential shifts towards renewable energy sources affecting natural gas demand.
  • Policy changes concerning environmental regulations and their effects on the sector's energy mix.

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