Mexico could hold its first shale gas auction by the end of this year if the country 's energy minister gives its approval , according to Juan Carlos Zepeda , head of the National Energy Commission . The Burgos basin in northeastern Mexico , part of the same geological formation as the US Eagle Mountain coal region , and the Tampico - Misantla basin on the Gulf Coast could be on offer . The Burgos basin in northeastern Mexico would be one of the areas on offer, Zepeda said. Mexico is looking to emulate the success of the US shale gas industry , but its auction plans could be hampered by a Mexican general election .
Mexico could hold its first shale gas auction by the end of this year if the country 's energy minister gives its approval , according to Juan Carlos Zepeda , head of the National Energy Commission . The Burgos basin in northeastern Mexico , part of the same geological formation as the US Eagle Mountain coal region , and the Tampico - Misantla basin on the Gulf Coast could be on offer . Mexico is looking to emulate the success of the US shale gas industry , but its auction plans could be hampered by a Mexican general election .