No New E&P Projects Expected in Mexican Plan

A Mexican government plan to boost the energy sector that could be unveiled in the coming weeks will not likely include any new exploration or production projects open to private or foreign oil firms, the head of an oil sector trade group said Thursday.

A possible infrastructure investment plan from President Andres Manuel Lopez Obrador aimed at boosting Mexico’s ailing economy has been the subject of recent discussions with key business lobbies, including Mexico’s oil company association, AMEXHI.

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