Mexican energy sector reforms include foreign operators' participation in E&D

02/11/2002
Click here to enlarge imageFor the first time in 50 years, the Mexican government is planning to invite oil and gas companies to participate in international tenders for developing Mexico's onshore natural gas fields. The process will start in mid-2002 with a dozen production blocks in the Burgos basin of northern Mexico (Fig. 1). The concepts and terms of the proposed contracts are still under discussion and development. A growing gas need Click here to enlarge imagePemex estimates that gas demand in Mexico, primarily for meeting the needs of the electric power industry, is growing far faster than domestic gas supply, and demand is expected to reach almost 9 bcfd by the end of th...
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