Sixteen blocks snapped up in Mexican offshore auction
Wednesday, March 28, 2018
![](https://www.centralamericalink.com/storage/images/2018/03/28/201803281222580.gas-natural2.jpg)
Sixteen of 35 of the offshore Mexico blocks on offer were taken up in Round 3.1 on Tuesday, the first auction in the third round of the country's 2013-14 energy reform, a result that most analysts said was somewhat disappointing but hardly surprising.
For most of the day, the bidding was nothing if not turgid, but at the end it reached a powerful crescendo that generated gasps of excitement from the audience.
Source: Natural Gas Intelligence