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‘AMLO’ keeps industry on tenterhooks

There is palpable anxiety in the oil and gas industry over the intentions of Mexico’s president-elect There is palpable anxiety in the oil and gas industry over the intentions of Mexico’s president-elect.
By The Wildcat 27 July 2018 0 31917
Andrés Manuel López Obrador (right) and Enrique Peña Nieto Andrés Manuel López Obrador (right) and Enrique Peña Nieto. (PA)

There are four months until Andrés Manuel López Obrador crosses the threshold of Los Pinos, the residence of the Mexican president in the country’s capital city. However, it is the outgoing administration, rather than the president-elect, that is getting its house in order. 

Mexico’s National Hydrocarbons Commission, the CNH, said last week that it was postponing three auction rounds that were originally scheduled for later this year. CNH President Commissioner Juan Carlos Zepeda Molina called the decision “very positive”, as...