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Energy & Power๐Ÿ‡ป๐Ÿ‡ช Venezuela

Venezuela Natural Gas Consumption

- Natural Gas Consumption refers to the total amount of natural gas used within a country during a given year for energy and non-energy purposes.

Venezuela Natural Gas ConsumptionBillion Cubic Metres ยท 2015โ€“2023

403020102015: 37.002016: 37.202017: 38.60Peak2018: 31.602019: 25.602020: 21.60Trough2021: 28.102022: 29.102023: 29.7020152017201920212023
Source: energyinst.orgLast updated: July 2026

What Venezuela Natural Gas Consumption shows

Venezuela Natural Gas Consumption was 29.70 Billion Cubic Metres in 2023, up 2.1% on 2022. The Natural Gas Consumption dataset of Venezuela from 2015 to 2023 provides a detailed overview of the countryโ€™s natural gas demand patterns, highlighting consumption trends, market developments, and changes across the natural gas sector. Measured in billion cubic metres (bcm), the dataset represents the total annual volume of natural gas consumed.

Trend

Lower over the period

Venezuela Natural Gas Consumption moved from 37.00 Billion Cubic Metres in 2015 to 29.70 Billion Cubic Metres in 2023 (โˆ’19.7%), an average of โˆ’2.7% a year. The series high was 38.60 Billion Cubic Metres in 2017 and the low 21.60 Billion Cubic Metres in 2020.

Volatility

A 44% peak-to-trough swing

The gap between the series high (2017) and low (2020) is 17.00 Billion Cubic Metres. The sharpest single-year move was +30.1% in 2021.

Structure

Ranks 27 of 43 countries covered

Among the 43 countries in this dataset, Venezuela ranks 27 for 2023, behind U.S. (886.5 Billion Cubic Metres) and Russia (453.4 Billion Cubic Metres). It accounts for 0.7% of the global total in 2023.

Full series

Venezuela Natural Gas Consumption by year

Complete annual series with year-on-year change. Values are reported in Billion Cubic Metres.

Scroll the table sideways to see all columns.

Venezuela Natural Gas Consumption, 2015โ€“2023, Billion Cubic Metres.
YearBillion Cubic MetresChange vs prior year
2023 29.70 +2.1%
2022 29.10 +3.6%
2021 28.10 +30.1%
2020 Trough21.60 โˆ’15.6%
2019 25.60 โˆ’19%
2018 31.60 โˆ’18.1%
2017Peak 38.60 +3.8%
2016 37.20 +0.5%
2015 37.00 โ€”

Regional context

How Venezuela compares in South and Central America

Natural Gas Consumption by country, 2023, Billion Cubic Metres. Venezuela is highlighted.

1Argentina
44.90
2Brazil
30.00
3Venezuela
29.70
4Colombia
13.10
5Chile
7.00

Data definition

Inclusions and exclusions

Natural Gas Consumption โ€” - Natural Gas Consumption refers to the total amount of natural gas used within a country during a given year for energy and non-energy purposes. It is typically measured in billion cubic meters (bcm) and represents the demand for natural gas across electricity generation, industrial operations, residential and commercial heating, transportation, and other applications. This indicator reflects a country's dependence on natural gas as an energy source, the development of gas infrastructure, and overall energy demand patterns. Natural Gas Consumption is widely used to evaluate energy security, fuel diversification, economic activity, and trends in natural gas utilization across countries.

Inclusions

The data includes domestic consumption of natural gas supplied through pipeline networks, liquefied natural gas (LNG) imports, and domestically produced gas used across various sectors. It covers natural gas consumption for electricity and heat generation, industrial processes, manufacturing, residential heating, commercial applications, transportation, and other energy uses. It may also include non-energy uses such as natural gas used as a feedstock in petrochemical and fertilizer production where accounted for within national energy balances. The indicator represents total natural gas demand within a country regardless of whether the gas is produced domestically or imported. Data is compiled from national energy statistics, gas utilities, government reports, and standardized international energy databases to enable consistent comparison of consumption trends.

Exclusions

The data excludes natural gas production, reserves, pipeline transmission volumes, storage inventories, and gas losses during extraction, processing, transmission, and distribution unless specifically included in national accounting methodologies. It does not include consumption of natural gas liquids (NGLs), crude oil, coal, refined petroleum products, renewable gases, or synthetic gases unless classified as natural gas within reporting frameworks. The indicator does not measure energy efficiency, affordability, access to gas services, or the environmental impact associated with natural gas use. Differences in national reporting practices, gas quality standards, conversion factors, and estimation methods may result in minor variations in reported consumption values across countries.

About this indicator

Natural Gas Consumption โ€” - Natural Gas Consumption refers to the total amount of natural gas used within a country during a given year for energy and non-energy purposes. It is typically measured in billion cubic meters (bcm) and represents the demand for natural gas across electricity generation, industrial operations, residential and commercial heating, transportation, and other applications. This indicator reflects a country's dependence on natural gas as an energy source, the development of gas infrastructure, and overall energy demand patterns. Natural Gas Consumption is widely used to evaluate energy security, fuel diversification, economic activity, and trends in natural gas utilization across countries.

It serves as an important indicator of electricity generation requirements, industrial activity, energy sector operations, and the role of natural gas within Venezuelaโ€™s energy system.

Venezuela consumed 37.0 bcm of natural gas in 2015, increasing slightly to 37.2 bcm in 2016 and further rising to 38.6 bcm in 2017. Consumption declined significantly to 31.6 bcm in 2018 and further decreased to 25.6 bcm in 2019. Demand continued declining to 21.6 bcm in 2020 before recovering to 28.1 bcm in 2021. Natural gas consumption increased to 29.1 bcm in 2022 and further rose to 29.7 bcm in 2023, reflecting gradual recovery in energy demand.

Overall, the dataset indicates a significant decline in Venezuelaโ€™s natural gas consumption during the middle years of the review period, followed by partial recovery after 2020. The reduction was influenced by economic challenges, declining industrial activity, energy sector constraints, and disruptions affecting domestic gas utilization. The recovery in recent years reflects improving demand conditions and continued reliance on natural gas for power generation and industrial applications.

The dataset provides valuable insights into Venezuelaโ€™s natural gas demand outlook, consumption dynamics, and future energy requirements. It supports market analysis, investment assessment, energy planning, and policy development while assisting researchers, industry stakeholders, analysts, and policymakers in evaluating Venezuelaโ€™s energy security, gas utilization trends, production challenges, and the changing role of natural gas within the countryโ€™s energy landscape.

Indicator
Natural Gas Consumption
Country
Venezuela
Region
South and Central America
Unit
Billion Cubic Metres
Coverage
2015โ€“2023, annual
Category
Energy & Power
Last updated
July 2026
Source
energyinst.org

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Frequently asked questions

What is Venezuela Natural Gas Consumption?

Definition- Natural Gas Consumption refers to the total amount of natural gas used within a country during a given year for energy and non-energy purposes. It is typically measured in billion cubic meters (bcm) and represents the demand for natural gas across electricity generation, industrial operations, residential and commercial heating, transportation, and other applications. This indicator reflects a country's dependence on natural gas as an energy source, the development of gas infrastructure, and overall energy demand patterns. Natural Gas Consumption is widely used to evaluate energy security, fuel diversification, economic activity, and trends in natural gas utilization across countries.

What was Venezuela Natural Gas Consumption in 2023?

Venezuela Natural Gas Consumption was 29.70 Billion Cubic Metres in 2023, up 2.1% on 2022.

How has Venezuela Natural Gas Consumption changed between 2015 and 2023?

Venezuela Natural Gas Consumption moved from 37.00 Billion Cubic Metres in 2015 to 29.70 Billion Cubic Metres in 2023 (โˆ’19.7%), an average of โˆ’2.7% a year. The series high was 38.60 Billion Cubic Metres in 2017 and the low 21.60 Billion Cubic Metres in 2020.

Which year had the highest and lowest Venezuela Natural Gas Consumption?

The highest value was 38.60 Billion Cubic Metres in 2017 and the lowest was 21.60 Billion Cubic Metres in 2020.

What does the Venezuela Natural Gas Consumption data include and exclude?

Included: The data includes domestic consumption of natural gas supplied through pipeline networks, liquefied natural gas (LNG) imports, and domestically produced gas used across various sectors. It covers natural gas consumption for electricity and heat generation, industrial processes, manufacturing, residential heating, commercial applications, transportation, and other energy uses. It may also include non-energy uses such as natural gas used as a feedstock in petrochemical and fertilizer production where accounted for within national energy balances. The indicator represents total natural gas demand within a country regardless of whether the gas is produced domestically or imported. Data is compiled from national energy statistics, gas utilities, government reports, and standardized international energy databases to enable consistent comparison of consumption trends. Excluded: The data excludes natural gas production, reserves, pipeline transmission volumes, storage inventories, and gas losses during extraction, processing, transmission, and distribution unless specifically included in national accounting methodologies. It does not include consumption of natural gas liquids (NGLs), crude oil, coal, refined petroleum products, renewable gases, or synthetic gases unless classified as natural gas within reporting frameworks. The indicator does not measure energy efficiency, affordability, access to gas services, or the environmental impact associated with natural gas use. Differences in national reporting practices, gas quality standards, conversion factors, and estimation methods may result in minor variations in reported consumption values across countries.

Where does the Venezuela Natural Gas Consumption data come from?

The series is sourced from energyinst.org (https://www.energyinst.org/__data/assets/pdf_file/0006/1542714/684_EI_Stat_Review_V16_DIGITAL.pdf). It covers 2015โ€“2023 and is reported in Billion Cubic Metres.

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