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Sources Say Mexico Regulator Probes Pemex Over Gas Flaring

MEXICO

Mexico regulator probes Pemex over gas flaring at another giant field -sources – (Reuters News)

  • Mexico's hydrocarbon regulator is investigating state oil company Petroleos Mexicanos (Pemex) over suspected excessive natural gas flaring and other violations at another giant field, according to two sources with direct knowledge of the matter.
  • In 2019, Pemex, which is under international pressure to clean up its operating practices, hailed the Quesqui field in the southern state of Tabasco as the most important energy find in the region in three decades.
  • Experts at the Comision Nacional de Hidrocarburos, as the regulator is known, went on a surprise visit there on Tuesday and concerns centred on "excessive gas flaring" and other possible violations of Pemex's development plan, they said.
    • Neither the energy ministry nor Pemex responded to requests for comment. The CNH declined to comment. [Rtrs]

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