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Article: MEXICAN GOVERNMENT AWARDS FIRST MULTIPLE-SERVICES CONTRACTS.

Article from:
SourceMex Economic News & Analysis on Mexico
Article date:
October 29, 2003
Copyright

President Vicente Fox's administration has awarded its first two multiple-services contracts (contratos de servicios multiples, CSMs) to a Spanish-Argentine joint venture and to a Brazilian-Japanese-Mexican consortium.

The contract awards are the administration's latest step in seeking private investment in exploration and extraction of natural gas in the Burgos Basin in northeastern Mexico. The Fox government has divided the region into seven parcels, each of which will be opened separately to private companies (see SourceMex, 2003-02-19).

Repsol-YPF won the contract for the largest of these areas, the Monterrey-Reynosa parcel, after two major ...

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