Oil production capacity growth vs Natural gas demand growth rate

Oil production capacity growth (multi-month) and Natural gas demand growth rate (annual) worldwide. They are published at different intervals, so each is drawn on its own rather than matched period by period.

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The series

Over time

Global. Oil production capacity growth is published as multi-month figures and natural gas demand growth rate as annual ones, so they are drawn on separate charts, and no period is matched between them. Read each on its own.

Oil production capacity growth

Unit: million barrels per day · 2 observations

Line chart

Forecast: dashed line, hollow markers, shaded band

Oil production capacity growthOil production capacity growth. 2 observations from 2018–2023 to 2024–2030, ranging from 5 million barrels per day to 6.4 million barrels per day, of which 2 are forecasts. Latest value 5 million barrels per day (2024–2030). million barrels per day 0 2 4 6 8 2018 2019 2020 2021 2022 2023 2024 FORECAST 5
Oil production capacity growthOil production capacity growth. 2 observations from 2018–2023 to 2024–2030, ranging from 5 million barrels per day to 6.4 million barrels per day, of which 2 are forecasts. Latest value 5 million barrels per day (2024–2030). million barrels per day 0 2 4 6 8 2018 2019 2020 2021 2022 2023 2024 FORECAST 5
Oil production capacity growthOil production capacity growth. 2 observations from 2018–2023 to 2024–2030, ranging from 5 million barrels per day to 6.4 million barrels per day, of which 2 are forecasts. Latest value 5 million barrels per day (2024–2030). million barrels per day 0 2 4 6 8 2018 2019 2020 2021 2022 2023 2024 FORECAST 5
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Oil production capacity growth
Period Type Value
2018–2023 Forecast 6.4 million barrels per day
2024–2030 Forecast 5 million barrels per day
Source: IEA · CC BY 4.0 · Full series

Natural gas demand growth rate

Unit: % · 3 observations

Line chart

Forecast: dashed line, hollow markers, shaded band

Natural gas demand growth rateNatural gas demand growth rate. 3 observations from 2024 to 2026, ranging from 1.3% to 2.8%, of which 2 are forecasts. Latest value 2% (2026). % 0 0.5 1 1.5 2 2.5 3 2024 2025 2026 FORECAST 2.8% 2%
Natural gas demand growth rateNatural gas demand growth rate. 3 observations from 2024 to 2026, ranging from 1.3% to 2.8%, of which 2 are forecasts. Latest value 2% (2026). % 0 1 2 3 2024 2025 2026 FORECAST 2.8% 2%
Natural gas demand growth rateNatural gas demand growth rate. 3 observations from 2024 to 2026, ranging from 1.3% to 2.8%, of which 2 are forecasts. Latest value 2% (2026). % 0 1 2 3 2024 2025 2026 FORECAST 2.8% 2%
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Natural gas demand growth rate
Period Type Value
2024 Actual 2.8%
2025 Forecast 1.3%
2026 Forecast 2%
Source: IEA · CC BY 4.0 · Full series

Shared periods

Side by side

No period lines up: oil production capacity growth is multi-month and natural gas demand growth rate is annual. A month and a year are not the same measurement window, so no row pairs them.

Provenance

Where these numbers come from

Oil production capacity growth

Projected total addition to crude and liquids production capacity over a multi-year period.

2 observations charted in Global · source organisations: IEA

Natural gas demand growth rate

The year-on-year percentage change in total natural gas demand.

3 observations charted in Global · source organisations: IEA

Data published under CC BY 4.0. Series A as JSON · Series B as JSON

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