Petroleum Minister Dharmendra Pradhan visits Mexico

May 21, 2015 00:22

Minister of State for Petroleum & Natural Gas Dharmendra Pradhan led an Indian delegation to Mexico on May 18 and 19.

During the two-day official visit he held bilateral talks with his counterpart Minister of Energy of Mexico Pedro Joaqun Caldwell.

He also met Minister of Economy Ildefonso Guajardo Villareal and CEO of national oil company of Mexico PEMEX Emilio Lozoya Austin.

Mexico has recently in 2014 opened up the energy sector for private and foreign participation. This has offered opportunity for enhancing and diversifying bilateral energy cooperation. Presently, IOC, RIL and ESSAR buy about 6 MMT of crude oil from Mexico. The energy reforms in Mexico provides a window to transform the relationship from buyer seller relationship to that of an energy partnership.

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