Exclusive: Mexico's new government may halt oil auctions indefinitely - document


By Adriana BarreraMEXICO CITY (Reuters) - Mexico's incoming government is considering indefinitely suspending auctions for oil and gas projects, and giving state-owned Pemex authority to pick its own joint-venture partners rather than holding competitive tenders, according to policy guidelines seen by Reuters.

The document, drafted by energy advisers to leftist President-elect Andres Manuel Lopez Obrador, also recommends forging closer ties with leading oil producer cartel OPEC while withdrawing from the International Energy Agency (IEA), which.

This article is no longer available in our repository.

There could be multiple reasons for this.