In the past decade, Mexico's energy sector has suffered from deteriorating operational, financial, and technological capabilities, sharply lowering production for a vital source of state revenue. Production has fallen from a record 3.4 million barrels per day in 2004 to about 2.5 million today. Faced with rising pensions and health-care bills, the government's high dependency on oil revenues (around 30 percent of total revenues) is becoming increasingly worrisome. research by : prodigy oil and gas company-usa
In the past decade, Mexico's energy sector has suffered from deteriorating operational, financial, and technological capabilities, sharply lowering production for a vital source of state revenue. Production has fallen from a record 3.4 million barrels per day in 2004 to about 2.5 million today. Faced with rising pensions and health-care bills, the government's high dependency on oil revenues (around 30 percent of total revenues) is becoming increasingly worrisome. research by : prodigy oil and gas company-usa
ReplyDelete