Based on the forecasted data:
- 2024: 1.5105 Million Terajoules
- 2025: 1.5056 Million Terajoules (-0.32%)
- 2026: 1.5008 Million Terajoules (-0.32%)
- 2027: 1.496 Million Terajoules (-0.32%)
- 2028: 1.4913 Million Terajoules (-0.31%)
The compound annual growth rate (CAGR) for the period 2024-2028 is approximately -0.32% per year.
Future trends to watch include increased emphasis on renewable energy sources and energy efficiency initiatives, which may further reduce natural gas demand. Geopolitical developments and policy changes supporting decarbonization could also significantly impact supply trends.
