UTSA lending expertise to tap into Mexico’s liberalizing energy market

The University of Texas at San Antonio Institute for Economic Development have formed a new partnership with the Universidad Autónoma de Nuevo Léon, the Asociación de Empresarios Mexicanos and other international trade groups to launch an economic impact study on shale oil-and-gas opportunities in Mexico.Spurred on by the booming success of new oil and gas development in South Texas’ Eagle Ford Shale, UTSA and partners will craft a comprehensive study detailing the economic and political impact of the recent Mexican energy reform legislation and what they means for foreign direct investment in Northern Mexico. It is believed that the geological formation known as the Eagle Ford Shale may extend into Mexico since natural resources are no respectors of man-made political subdivisions.This study should provide a political roadmap or blueprint if you will on how federal, state, regional and municipal governments in the northern states in Mexico can work with foreign oil companies. Mexico’s oil sector had been long run by the state-owned monopoly Petróleos Mexicanos or PEMEX. However, leaders in Mexico are taking steps to open up the market to competition

via UTSA lending expertise to tap into Mexico's liberalizing energy market – San Antonio Business Journal.

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