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LatinNews Daily - 14 June 2019

In brief: Mexico

* Mexico’s national hydrocarbons commission (CNH) has confirmed the cancellation of a tender for partners to carry out exploration and extraction activities for Pemex, Mexico's state-owned oil company, in seven onshore areas (principally gas reserves). The twice-postponed tender for partners scheduled for October has been cancelled after Pemex and the energy ministry (Sener) removed the concerned areas from the tender process. Prior to the cancellation, 20 companies had reportedly shown interest in the tender which it was hoped would have provided investment to help reverse Mexico’s declining oil production. Since the start of President Andrés Manuel López Obrador’s administration, the government has cancelled all oil sector contract bids programmed by the previous administration.

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