ENERGY POTENTIAL OF MEXICO ANALYSED IN THE UNITED KINGDOM

LONDON, United Kingdom 9th November 2016.- The National Hydrocarbons Commission (CNH) of Mexico, jointly with ProMexico and the British firm Wood Mackenzie held a seminar to promote Mexico's investment opportunities offered by Rounds 2.1 and 2.2 in the hydrocarbons sector following the opening of the energy sector in Mexico.

The seminar entitled "Explore Mexico's O&G Potential & Visualization of Available Data", celebrated on 8th November 2016, included conferences, workshops and exhibitions which addressed the potential of Mexico in the oil and gas sector during this second round of biddings which will take place on the first semester of 2017, in front of an audience composed by oil companies and financial groups with presence in the United Kingdom.

Likewise, a group of technician specialists led by Christian Moya, Director General of Hydrocarbons Potential of the CNH and Oscar Roldan Head of the National Hydrocarbons Information Centre (CNIH), together detailed the opportunities offered by the new energy model of Mexico and in particular the sale of the mapping data which have been accomplished during the last months and which could be consulted in the website http://portal.cnih.cnh.gob.mx/iicnih/.

Minister David Najera, Chargé D ´Affairs at the Embassy of Mexico in the United Kingdom, referred to the interest shown by various representatives of British institutions and companies in the energy transition as a result of the implementation of the reforms to PEMEX, particularly on the evolution of the bidding process for the so-called Round 1, and phase four for international oil companies interested in investing in projects for exploration and extraction of hydrocarbons in Mexico's deep waters.

The presentation of the website was gladly welcomed by an industry to which the opening of the energy sector has generated great expectations in the industry, and reinforces Mexico's commitment to transparency and access to the appropriate technical information for exploration. With this, the conditions of competition on equal circumstances provide a solid ground for participation in the biddings carried out by the Commission.

In this context, it was also recalled the business seminar "Mexico Day" organised jointly by the Embassy of Mexico and the Mexican Chamber of Commerce in (MexCC), last September, to inform British investors about business opportunities offered by our country in sectors such as energy, insurance and reinsurances, food and beverages, and financial services technology

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