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Page added on August 15, 2014
Can Pemex Handle New Oil Reserves in Mexico?
“Foreign Affairs” Editor Gideon Rose and Bloomberg’s Olivia Sterns examine Mexico opening up energy reserves to big oil companies. They speak with Tom Keene and Adam Johnson on “Bloomberg Surveillance.”
2 Comments on "Can Pemex Handle New Oil Reserves in Mexico?"
JuanP on Fri, 15th Aug 2014 4:35 pm
Best case scenario for Mexico is a short oil boom before production declines come back. Most likeky scenario is a slowdown in the rate of decline of oil extraction. Either way Mexico is a mess and the majority of the people won’t notice the difference.
bobinget on Fri, 15th Aug 2014 6:03 pm
Pemex is in FACT making deals to IMPORT light oil
from the US.
http://www.rigzone.com/news/article.asp?hpf=1&a_id=134561
What does this indicate?
Refineries set up to refine light oil are running short of CL. Also, I’m believing there will be technology transfer
in exchange for plus pricing.