The global direct transfer on natural gas for fossil fuel production varies significantly among countries. As of 2023, Mexico leads with $1.55 billion, followed closely by China at $1.39 billion and Argentina at $1.21 billion. Notably, Canada experienced a sharp increase of 132.48% while India's investment surged by 82.13%. The United States and Japan also showed positive growth. In contrast, Norway saw a minor decline and the Netherlands had a notable reduction. These variations highlight shifting economic strategies and priorities in fossil fuel production across regions.
Future trends to watch include potential increases in investment from emerging economies as they expand their fossil fuel capabilities. Additionally, geopolitical dynamics and commitments to climate change may influence allocations and priorities in these investments.
Top countries in Direct Transfer on Natural Gas for Fossil Fuel Production by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 1,550 | 2023 | +30.31% | View data | |
| 2 | 2 China | 1,390 | 2023 | +7.64% | +7.15% | View data |
| 3 | 3 Argentina | 1,210 | 2023 | +17.49% | +0.44% | View data |
| 4 | 4 Canada | 924.4 | 2023 | +23.63% | +132.48% | View data |
| 5 | 5 Japan | 655.86 | 2023 | -0.16% | +7.83% | View data |
| 6 | 6 Israel | 159.16 | 2023 | +1.3% | +3.01% | View data |
| 7 | 7 Chile | 111.53 | 2023 | +5.02% | +4.09% | View data |
| 8 | 8 Colombia | 75.88 | 2023 | +4.42% | +6.01% | View data |
| 9 | 9 United States | 68.94 | 2023 | -3.31% | +10.84% | View data |
| 10 | 10 Norway | 39.09 | 2023 | -3.05% | -1.43% | View data |
