Forecast: Opening Stock of Natural Gas in Türkiye

Based on the provided data, natural gas stocks in Türkiye saw notable fluctuations between 2013 and 2023, stabilizing at 118.07 thousand terajoules in 2023. The year-on-year variation shows significant increases and decreases, with major growth in 2018 (73.36%) and a decrease in 2017 (-20.03%). Over the past two years, the year-on-year variations were a 5.27% increase in 2022 and a 2.67% increase in 2023. The compound annual growth rate (CAGR) for the last five years is 0.89%, indicating moderate growth over the period.

Looking forward, the forecasted data predicts a steady increase, with stocks expected to reach 132.96 thousand terajoules by 2028, reflecting an average annual growth rate of 1.89% and a total five-year growth rate of 9.79%. Future trends to watch include potential impacts of global energy policies, technological advancements in storage, and shifts in domestic energy consumption that could affect natural gas stocks in Türkiye.

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