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Jump in U.S. Natural Gas Flows to Mexico Seen as Broader Trend as Global Exports Climb in ‘24

Natural Gas Intelligence · last updated

Global natural gas consumption rose by 2.5% last year as the fuel “solidified its crucial role in the global energy system,” according to the Gas Exporting Countries Forum (GECF).

Mexico's natural gas production versus pipeline imports graphed to show historical volatility.

Gas consumption across the globe rose by 100 billion cubic meters (Bcm) to hit an all-time high of 4,170 Bcm in 2024, GECF researchers said in their annual market report.

“This growth, one of the fastest rates over the past decade, was fuelled by economic expansion, industrialization, technological advancements, population growth, urbanization and changing weather patterns,” researchers said.

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