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Policy & Regulation

Mexico’s new president goes quiet on gas

While Andrés Manuel López Obrador has said his administration will target energy sector development, there has been little progress made on gas While Andrés Manuel López Obrador has said his administration will target energy sector development, there has been little progress made on gas.
By Elena Mataro 11 December 2018 Americas / Exploration & Production 0 33642
Mexican President Andrés Manuel López Obrador. (PA)

Mexico’s new president, Andrés Manuel López Obrador, has made some noteworthy energy policy announcements since taking office earlier this month, but gas appears to be slipping down the agenda. 

Just five days after taking office, López Obrador suspended oil and gas field auctions for three years and ruled out the use of fracking in any current projects. Both conventional and unconventional gas acreage featured predominantly in the now-suspended 3.2 and 3.3 licensing rounds.

Mexican oil and gas regulator the CNH estimates that Mexico boasts the world’s sixth-largest...