Special Report - Natural Gas in Latin America (ISSN 17414474)
Gas: where the state monopoly has been weakened
Gas is important in Mexico for two reasons. The first is that the state oil monopoly, Petróleos Mexicanos (Pemex), stopped flaring the stuff off and began capturing it, mostly to re-inject into declining fields to boost output. The second reason gas is important is that dry gas (i.e. gas with no oil) is the only producing part of the hydrocarbons industry that has been even partly opened up to foreign companies.
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