To recover Mexico’s natural gas production, the country’s National Hydrocarbon Commission (CNH) has recommended creating a state-owned upstream company dedicated exclusively to gas, the regulator said in a technical document on the state of Mexico’s gas market, which was released Thursday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The new company would receive all the non-associated gas areas currently under control of Mexico state oil company Pemex, CNH Commissioner Hector Moreira said Thursday evening at a release event for the technical document. The company would also receive all the gas gathering infrastructure as well gas processing facilities in the country, he added. “The oil and gas businesses are very different. If Pemex is told it has to focus on profitability, it is going to invest its resources on higher-profit oil projects rather than gas areas,” Moreira said. 22nd Annual Mexican Energy […]