Category I · Legacy energy commodities
Natural gas & CBM.
Transition-aligned hydrocarbon. SADC region holds material conventional and unconventional resources.
Benchmark
Henry Hub spot
Unit
US$ / MMBtu
Current price · 3-mo forward avg
US$ 3.50 / MMBtu
Apr — Jul 2026 (forward 3-mo avg)
Transition-aligned hydrocarbon. SADC region holds material conventional and unconventional resources.
Price · Henry Hub spot
2016 — 2035
Solid line: historical annual averages. Dashed line: forward projections (consensus).
Top 5 producing countries
- 01
United States
24%
Shale-driven; largest LNG exporter
- 02
Russia
17%
Western Siberia & Yamal
- 03
Iran
6%
South Pars field
- 04
China
5%
Tarim Basin & coal-bed methane
- 05
Qatar
5%
North Field — world's largest LNG exporter
Leading companies
- 01
Gazprom
Russian state-owned; world's largest gas producer
- 02
ExxonMobil
Major US shale & LNG portfolio
- 03
Shell
Integrated LNG leader; Mozambique stake
- 04
TotalEnergies
Mozambique Rovuma LNG operator
- 05
Sasol
Mozambique-to-SA gas pipeline (Pande/Temane)
Of note
- §
Mozambique's Rovuma Basin holds ~65 Tcf of recoverable gas — among the largest discoveries this century.
- §
South Africa's Karoo basin has estimated 7.5+ Tcf of coal-bed methane potential.
- §
Gas-to-power is a core decarbonisation bridge for SA's Eskom transition planning.
Sources
EIA Annual Energy Outlook 2025 · BP Statistical Review · PetroSA / DMRE data. Curated quarterly. Forward projections are consensus indications and are not a guarantee of future prices.