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Lopez Obrador says he would ask to halt Mexico oil contracts

Monday, March 19, 2018

Mexican presidential candidate Andres Manuel Lopez Obrador said if he wins the election in July, he will ask President Enrique Pena Nieto to stop awarding all new private oil contracts.

The candidate said he would ask Pena Nieto to stop auctions of new oil blocks and reiterated his promise to review contracts made under the Pena Nieto administration to ensure they complied with the law.

Source: Bloomberg