Mexico will hold new oil auction

After an auction of oil blocks, the Mexico intends to carry out a new in the year 2017. This will be dedicated to blocks of deep and shallow areas, according to the Mexican Energy Ministry. The auction is expected to occur in September or October of 2017.

 

Will be auctioned off at least 20 blocks. The positive results of the first auction strengthen the idea to the next. Mexico's Energy Minister said that the auction is a boost for energy sector reform to 2013, which held on constitutional amendments to open the industry to private investors after 75 years of State monopoly.

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