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The Energy Reform could generate billionaire investments

Admin | 17.09.2013

Public and private investments that could be triggered by the Energy Reform may be over US$1.2 billion, equal to Mexico’s annual GDP, Emilio Lozoya, Pemex’s Director, estimates.

Public and private investments that could be triggered by the Energy Reform may be over US$1.2 billion, equal to Mexico’s annual GDP, Emilio Lozoya, Pemex’s Director, estimates.

In addition, he adds, other investments could come to develop deep-water resources and shale gas (non conventional) deposits, for around US$2 billion more, almost twice the GDP.

Mr. Lozoya, head of the main Mexican state-run company, speaks of the huge boost in investments brought by Energy Reform, based on the bill submitted by President Peña Nieto.

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