Mexico - 02

Mexico: Round 2.3: Consistency in Energy Policy

On 14 November CNH approved the initial bidding terms and guidelines for Round 2.3, which encompasses 14 onshore blocks: one in Nuevo Leon; three in Tamaulipas; eight in Veracruz; and two in Tabasco. The Mexican government will tender these areas through license contracts that will be valid for 30 years. By launching Round 2.3, the government seeks to continue spurring investments in states where Pemex’s ongoing ailments have led to rising unemployment and slowing economic growth for the past two years.

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