US EditionPemex Expects Mixed Contracts to Achieve 25% of Production
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Carlos Serrano, chief economist of BBVA Mexico, said that what Pemex intends is positive, as it will help the company achieve the goals in hydrocarbon extraction. BBVA’s comment is after the presentation of the Strategic Plan for Mexican Oils (Pemex) and the announcement of 21 mixed oil contracts for exploration and production. “We had said it a long time ago, we see very positive that the issue of mixed contracts, this will allow to attract pri…
Petróleos Mexicanos (Pemex) estimates that the production through the new mixed contracts in alliance with private companies represents up to one quarter of the national production of liquid hydrocarbons: 450,000 barrels per day in 2033, according to the Strategic Plan 2025-2035, so that the selection of partners must be highly thorough.From 2027 the national extraction will be 1.8 million barrels per day of liquid hydrocarbons, which includes t…
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