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 Simon Webb , head of the National Hydrocarbons Commission . the Gulf Coast in northeastern Mexico , part of the same geological formation as the US Eagle Ford shale region, and the Tampico-Misantla basin on The Burgos basin would be on offer. Mexico is looking to emulate the success of the Mexico shale gas industry, but its auction plans could be hampered by a the end of this year 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 Burgos basin in northeastern Mexico, part of the same geological formation as the US Eagle Ford shale region, and the Tampico-Misantla basin on the Gulf Coast would 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 July general election.