Mexico is the world’s 59th-largest producer of natural gas and the country’s output increased by 18% in 2022, over 2021. The country accounts for 24% 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 Mexico in its report, Mexico Exploration & Production, 2022. Buy the report here.
Over the five years to 2022, production from Mexico increased by a CAGR of 3% and is expected to drop by a CAGR of 6% between 2023 and 2027.
The largest producers of natural gas in Mexico are Petroleos Mexicanos, Techint Group and Grupo R. Petroleos Mexicanos was the largest producer of natural gas in 2022 with output up by 10% on 2021.
Techint Group was the second-largest producer, with output down by 9%, and Grupo R was third with a decrease of 9% on the previous year.
There are 153 natural gas producing fields in Mexico of which six are located offshore and the rest onshore. The Tamaulipas has the majority of the natural gas fields in the country with 72.
For more detailed analysis of natural gas sector in Mexico, buy the report here.