China’s CNPC Seeks to Make Inroads Into Mexico

摘要

State China National Petroleum Corp. (CNPC) is seeking to make inroads into Mexico’s oil and gas industry after signing a memorandum of understanding on oil cooperation with Mexican counterpart Pemex over the weekend. But it may have to make do with access to aging fields, Chinese industry sources say. During a meeting with CNPC President Zhou Jiping at the Boao Forum for Asia in China’s southern Hainan province, Mexican President Enrique Pena Nieto said Mexico was "presently amending energy laws to promote the opening up of its petroleum industry to the outside world," according to a CNPC statement.