Mexico’s oil industry is facing a challenging moment at present. The Federal Government created many structural reforms to boost the sector, but the country needs positive exploration news to reduce concern about sustainability.
The projects would bring investments of US$15B to the country.
The company that will compete with Pemex in Mexico’s gas market will only be able to use 20% of the NOC’s storage capacity in Playas de Rosarito.
The fuel market has had a busy year and thecompanies are working on strategies to take a good part of the market. However, Pemex leaves doubts about its fuel quality at the service stations of itsown brand franchise.