South Africa is the world’s 30th-largest producer of natural gas and the country’s output decreased by 5% in 2022, over 2021. The country accounts for 0.02% of global production, with the world’s other largest producers being the US, Russia and Iran. GlobalData uses proprietary data and analytics to provide a complete picture of the natural gas sector in South Africa in its report, Oil and Gas Upstream Production and Capex Outlook by Projects (Crude and Condensate and Natural Gas), Fields (Active, Planned and Announced), Region, Key Countries, Companies and Forecast, 2023-2027. Buy the report here.
Over the five years to 2022, production from South Africa increased by a CAGR of 3% and is expected to rise by a CAGR of 48% between 2023 and 2027.
The largest producers of natural gas in South Africa are CEF (SOC), Renergen and . CEF (SOC) was the largest producer of natural gas in 2022 with output down by 5% on 2021.
Renergen was the second-largest producer, with output up by 4% on the previous year.
There are five natural gas producing fields in South Africa of which four are located offshore and the rest onshore. The Indian Ocean has the majority of the natural gas fields in the country with four.
For more detailed analysis of natural gas sector in South Africa, buy the report here.