The possible shortage of natural gas in the south of the country for the coming few months created many concerns and much discussion in Mexico. Representatives of the sector spoke on this situation. Pemex sent a message of tranquility on this subject.
The Mexican oil sector has faced a difficult crisis in recent years, affecting the economy of several regions. However, local associations expect a recovery of activities thanks to new projects signed in the past oil auctions. Marcos Theurel Castro, Director of the Integral Port Administration (API), spoke about the expectations for offshore oil platforms.
Carso Energy, a subsidiary of the Grupo Carso, has been involved in several energy and oil projects in Mexico and other countries in the region. The business group’s plans are ambitious, and it wants to continue expanding its presence in the energy sector.
Directors of top global firms like Australia’s BHP Billiton (LON: BLT), America’s Shell (LON: RDSB) and France’s Total (NYSE: TOT) explained that their investment plans in the country have a long-term vision and that AMLO’s policies have not affected them so far.
According to Pablo Zárate, information director of Pulso Energetico newspaper, investing in Pemex and increasing its production could weaken it, because the firm has not achieved enough profitability to operate with good finances.