The volume of oil pipeline national transport in Norway stood at 27.80 million metric tons in 2023. Forecasted data for 2024 to 2028 show a gradual increase, with values reaching 28.03 million metric tons in 2024 and rising to 28.93 million metric tons by 2028. The year-on-year variations are as follows:
- 2024: +0.83%
- 2025: +0.86%
- 2026: +0.78%
- 2027: +0.81%
- 2028: +0.73%
The average annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 0.80%. Future trends to watch for include technological advancements in pipeline transport efficiency, regulatory changes, and shifts in global oil demand which may impact pipeline volumes.
