Mexico's Fox unveils big energy projects: Two upstream developments total almost US38-bil

摘要

President Vicente Fox May 27 unveiled two multbillion-dollar up-stream projects to increase crude and natural gas production and strengthen Mexico's po-sition in world oil markets. Fox said that US31-bil will be spent over the next 15 years on the development of the Chicontepec basin in southeastern Veracruz and part of two neighboring states.