Mexico could hold its first shale gas auction by the end of this year if the country's energy ministry gives its consent, according to Juan Carlos Zepeda, head of the National Hydrocarbons Commission. MEXICO CITY (Reuters) - The agency has been working on a plan for an auction, which would be held in late 2016 or early 2017. Mexico is looking to emulate the success of the US shale gas industry, but its auction plans could be hampered by a July general election.
Mexico could hold its first shale gas auction by the end of this year if the country's energy ministry gives its consent, according to Juan Carlos Zepeda, head of the National Hydrocarbons Commission. The agency has been working on a plan for an auction, which would be held in late 2016 or early 2017. Mexico is looking to emulate the success of the US shale gas industry, but its auction plans could be hampered by a July general election.