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Mexico oil crash will not derail deep-water auction

Monday, January 25, 2016

Will collapsing oil prices derail Mexico’s deep-water oil tenders? No, says Juan Carlos Zepeda, head of the National Hydrocarbons Commission.

As oil majors slash budgets and scrap projects, he told the FT there was no reason to delay the star of Mexico’s energy reform and that “the bet is still for them to be awarded this year”.

Source: Fast FT