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Accession Number PB2013-100133
Title Country Analysis Briefs: Mexico, October 2012.
Publication Date Oct 2012
Media Count 16p
Personal Author N/A
Abstract Mexico is one of the ten largest oil producers in the world, the third-largest in the Western Hemisphere, and an important partner in the U.S. energy trade. However, the amount of oil produced in Mexico has steadily decreased since 2004 due to natural production declines from Cantarell and other large offshore fields, though the rate of their decline has abated in recent months. The onus on arresting or reversing production declines falls squarely on the shoulders of Petroleos Mexicanos (PEMEX), the state-owned oil company, due to constitutional limits on foreign involvement in the exploration, production, and ownership of the nation's hydrocarbon resources. Nonetheless, recently enacted and potential reforms could liberalize the sector and promote greater foreign investment.
Keywords Carbon dioxide emissions
Forecasts
Mexico
Oil consumption
Oil production
Oil-exporting countries
United States oil imports


 
Source Agency Energy Information Administration
NTIS Subject Category 97B - Energy Use, Supply, & Demand
97G - Policies, Regulations & Studies
Corporate Author Energy Information Administration, Washington, DC.
Document Type Technical report
Title Note N/A
NTIS Issue Number 1303
Contract Number N/A

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