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Mexico minister says election no bar to oil auctions

Monday, February 12, 2018


Mexico will push ahead with more oil auctions through the end of this year even if the leftist presidential front-runner and sharp critic of the energy opening were to win the July race, Energy Minister Pedro Joaquin Coldwell said in an interview.

In addition to a March auction covering shallow water oil and gas blocks in the Gulf of Mexico, and an onshore auction in July, the energy ministry may also seek more partnerships for national oil company Pemex in October, Joaquin Coldwell said.

Source: Reuters