CNH Again Extends Timeframe For Oil Permits

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(Reuters, 4.Jun.2020) — Mexico’s oil regulator will allow energy firms more time to secure permits and plan approvals, it said in on Thursday, in effect extending a freeze on all deadlines until the government determines it is safe to resume official work.

The latest extension due to the coronavirus pandemic does not include a set end-date. Instead, the deadline suspension will extend until health safety authorities “determine that no epidemiological risk exists” to reopen government activities, said the National Hydrocarbons Commission in a statement.

The regulator, known as the CNH, first announced a deadline suspension in March.

Since April, the CNH has held virtual sessions of its governing body to prevent delays on a wide range of oil and gas exploration and production contracts it supervises.

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Reporting by David Alire Garcia; Editing by Richard Chang

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ENERGY ANALYTICS INSTITUTE (EAI) https://energy-analytics-institute.org

Energy Analytics Institute (EAI), formerly LatinPetroleum.com, is a Houston-established private organization with a satellite presence in Calgary, Mexico City and Venezuela where it operates under Editores LatinPetroleum SA. Since 1999, EAI has been a leader in energy news coverage of Latin America in particular. Coverage, run out of Latin America, now spans the world and encompasses nearly all energy and energy-related sectors.

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