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OECD Inventory of Support Measures for Fossil Fuels: Country Notes

image of OECD Inventory of Support Measures for Fossil Fuels: Country Notes

This new web format for Country Notes on Fossil Fuel Support provides interactive on-line access to the latest data from the OECD Inventory of Support Measures for Fossil Fuels by country – identifying and estimating the value of support arising from policies that encourage the production or consumption of fossil fuels. The web version allows users to download, share and play with the data. Interactive graphics enable data visualisation, in national currency, by beneficiary and by energy product. These Country Notes provide, for each of the 50 economies covered in the Inventory, a snapshot of energy market structure, the current state of energy prices and taxes, and recent developments and trends in fossil fuel support. Data and country notes for the EU Eastern Partnership (EaP) countries have been collected and prepared as part of the GREEN Action Task Force.

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Mexico

Mexico has substantial resources of oil and natural gas. In 2019, it was the world’s fourteenth-leading net exporter of oil, though production has fallen sharply over the last decade as a result of declining output at the country’s main producing field, Cantarell in the Gulf of Mexico. Natural gas production started a general trend of decline in 2011, driving up imports. After experiencing a sharp decline, national coal production picked up anew in 2010, only to go down again after a peak in 2011. It stood at 6.8 million tonnes of oil equivalent in 2018. Previously Mexico was a net energy exporter, with more than a quarter of the country’s total production of energy being exported mostly to the United States. However, with the increasing proportion of imports, the country has turned into a net energy importer as of 2015.

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