Based on the data provided, South Africa's gas consumption is forecasted to rise steadily from 2024 to 2028. Starting at 450 million cubic feet per day in 2024, the consumption increases to 460 million in 2025, 470 million in 2026, and remains constant at 470 million in 2027 before reaching 480 million cubic feet per day in 2028. The average annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.6%. Year-on-year growth is consistent, averaging around 2-2.2% between the years until 2027 where the growth stalls, followed by a resumption in upward trend in 2028.
Key future trends to watch include technological advancements in gas extraction and consumption efficiency, shifts in energy policies, and the impact of global and regional economic fluctuations. Environmental regulations and the transition towards renewable energy sources may also play a critical role in altering the consumption patterns in the upcoming years.
