Mexico - Oil and Gas This is a best prospect indu
Post# of 1586
This is a best prospect industry sector for this country. Includes a market overview and trade data.
Last Published: 9/19/2017
Overview
Mexico is one of the largest oil producers in the world (2.1 million barrels per day in 2016), and the third-largest in the Americas after the United States and Canada . In 2016, the United States imported over 437 million barrels of Mexico’s heavy crude and exported over 194 million barrels of refined petroleum products (more than 50 percent of Mexico’s domestic gasoline consumption) to Mexico. O il is a crucial component of Mexico's economy and earnings from the oil industry accounted for about 32 percent of total government revenues in 2016.
Significant oil reserves have been documented in Mexico which will drive investments from the private sector and offer U.S. companies opportunities, either as contractors, sub-contractors, or suppliers of equipment and/or technology.
read in full
https://www.export.gov/article?id=Mexico-Upst...il-and-Gas