In 2023, gas consumption in Singapore stood at 1.30 Billion Cubic Feet Per Day. The forecasted data indicates a year-on-year increase in gas consumption from 2024 to 2028. Specifically, the consumption is expected to grow by 2.27% in 2024, 2.27% again in 2025, 2.22% in 2026, 1.45% in 2027, and 2.14% in 2028. Over the last five years, this results in an average annual growth rate (CAGR) of approximately 2.07%. This steady increase suggests a consistent rise in gas demand.

Trends to watch for in the future include:

The impact of new energy policies and regulations aimed at reducing carbon emissions.
Technological advancements in energy efficiency and alternative energy sources.
Economic growth and industrialization rates which could either increase or decrease gas consumption.
Regional gas supply changes or disruptions that could influence consumption patterns.