Mexico’s demand for natural gas is expected to grow by as much as 10 percent over the next few years, but unlike in the U.S., fracking isn’t expected to help meet much of that demand.
Incoming President Andres Manuel Lopez Obrador has expressed little interest in developing Mexico’s shale plays through hydraulic fracturing, as the current Pena Nieto administration has proposed. That has some business executives worried.
“In Texas, we see huge roads and water infrastructure that are necessary for hydraulic fracturing,” Patricio Gamboa, the energy director at De Acero, a Mexican steel company, said at ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.