Mexico Gives Oil Firms More Time to Get Permits

May 7, 2020

Pemex oil platforms offshore Mexico - Image by BoH/Wikimedia Commons - Under CC BY-SA 2.0 License
Pemex oil platforms offshore Mexico - Image by BoH/Wikimedia Commons - Under CC BY-SA 2.0 License

Mexico's oil regulator will extend the time companies have to secure needed permits and plan approvals through the end of this month because of the coronavirus pandemic, it said in a statement on Wednesday.

Deadlines will be suspended until at least May 31, according to the regulator known as the National Hydrocarbons Commission.

Since last month, the commission's governing body has been holding virtual sessions in an effort to prevent project delays. 

(Reporting by David Alire Garcia; Editing by Peter Cooney)



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