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By 2015 Mexico Will Have Foreign Energy Contracts, Says Deputy Energy Minister

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January 15, 2014

Mexico will offer contracts to foreign companies in its recently opened oil and gas industry by the end of 2015 or beginning of 2016, according to Deputy Energy Minister Enrique Ochoa, Bloomberg wrote Jan. 15.

Companies will be allowed to bid on fields for exploration and begin developing infrastructure and operations as soon as late next year, Ochoa said in an interview at the Energy Ministry offices in Mexico City. Prior to granting operating licenses to foreign and local companies, the legal framework has to be determined and state oil ...

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