Mexico - 07

Mexico: Private Partnerships in 2017: Benefits for IOCs

On 26 October Pemex’s board approved the company’s business plan for 2017. The full contents of the document will not be available until Pemex officially releases it in two weeks’ time. However, Minister of Energy Pedro Joaquin Coldwell stated at an energy conference that same day that the new business plan contemplates launching more private partnerships for 2017. Horizon contacts revealed that Pemex will seek to auction off at least four areas in 2017 under this contract scheme.

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