CERA: Burgos bid 'litmus test' for Mexican energy plan

The relative success of Mexico's efforts to open to outside investment its Burgos basin later this year will serve as a "litmus test" for that country's energy strategy, according to a recent study released by energy research firm Cambridge Energy Research Associates, Cambridge, Mass."The Burgos (basin) is a cornerstone of Mexico's energy strategy, and the outcome of development efforts there over the next several years will affect Mexico's future gas supply strategy and drive investment decisions," said Gregory Smith, CERA director of oil industry activities, and Alejandro Gonzales, CERA associate, Latin America, the study's authors.Mexican state oil firm Petroleos Me...

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