Good News in the Pipeline for Mexico

Dec 16, 2019

Last July, as part of Mexico’s energy reform, the National Hydrocarbons Commission (CNH) – the government’s upstream energy regulator – successfully carried out the second and third bidding round of the second tender process (Round 2.2 and 2.3) for 24 onshore blocks, and awarded 21 of them. The government estimated that, in total, the bids will generate investment of $2billion and at least 20,500 direct and indirect jobs. According to CNH head, Juan Carlos Zepeda, these investments will add 80,000 crude barrels per day and 378 million cubic feet of natural gas to Mexico’s current production of […]

The post about "Good News in the Pipeline for Mexico" appeared first Markets Insider website.

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