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Following its recent presidential election, Mexico is facing several energy challenges, including declining oil and gas production, a need to increase exploration activity, a high dependence on gasoline imports, a constrained power supply and public pressure to transition to renewable energy. All this is occurring as domestic demand continues to grow through the decade, Adrian Lara, principal analyst, upstream Latin America for Wood Mackenzie, discusses the increased private investment needed in Mexico to meet expanding demand for energy.
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Following its recent presidential election, Mexico is facing several energy challenges, including declining oil and gas production, a need to increase exploration activity, a high dependence on gasoline imports, a constrained power supply and public pressure to transition to renewable energy. All this is occurring as domestic demand continues to grow through the decade, Adrian Lara, principal analyst, upstream Latin America for Wood Mackenzie, discusses the increased private investment needed in Mexico to meet expanding demand for energy.
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