Financier is High on Mexico's Potential

摘要

P&GJ: Why did President Enrique Pena Nieto institute the Energy Reform program? Ennis: President Enrique Pena Nieto created the Energy Reform program to bring in billions of dollars in investment to the country's ailing oil, gas and electricity sectors. The program is designed to usher in a new wave of economic growth in the second-largest economy in North America. P&GJ: What opportunity does this present for investors in oil and gas? Ennis: By ending the 80-year-long monopoly of Mexico's two state-controlled energy giants, national oil company Pemex and electricity utility CFE, the Energy Reform opens up new opportunities for investment across the industry. Mexico is an excellent location for international oil and gas investors to add substantial reserves. The bidding process is well-defined and open to any qualified oil and gas investor.