Table of Contents
Executive Summary — 7 SWOT
Analysis — 9 Mexico Political SWOT — 9
Mexico Economic SWOT — 10 Mexico Business Environment
SWOT — 11 Mexico Energy Market
Overview — 12 Regional Energy Market
Overview — 16 Oil Supply And
Demand — 16 Table: Latin America Oil Consumption
(000b/d) — 17 Table: Latin America Oil Production
(000b/d) — 18 Oil: Downstream — 19
Table: Latin America Oil Refining Capacity (000b/d) — 19
Gas Supply And Demand — 20 Table: Latin America Gas
Consumption (bcm) — 20 Table: Latin America Gas Production
(bcm) — 20 Liquefied Natural Gas — 21
Table: Latin America LNG Exports/(Imports) (bcm) — 21
Business Environment Ranking — 22 Latin America
Region — 22 Composite Scores — 22
Table: Regional Upstream Business Environment Rating — 23
Table: Regional Downstream Business Environment
Rating — 24 Upstream Scores — 24
Downstream Scores — 24 Mexico Upstream Rating –
Overview — 25 Mexico Upstream Rating – Potential
Returns — 25 Mexico Upstream Rating – Risks To
Potential Returns — 25 Mexico Downstream Rating –
Overview — 25 Mexico Downstream Rating – Potential
Returns — 26 Mexico Downstream Rating – Risks To
Potential Returns — 26 Business
Environment — 27 Legal Framework — 27
Infrastructure — 28 Labour Force — 29
Foreign Investment Policy — 30 Tax
Regime — 31 Security Risk — 31
Industry Forecast Scenario — 33 Oil And Gas
Reserves — 33 Oil Supply And
Demand — 34 Gas Supply And Demand — 35
LNG — 36 Refining And Oil Products
Trade — 38 Revenues/Import Costs — 38
Table: Mexico Oil & Gas – Historical Data &
Forecasts — 39 Other Energy — 40
Table: Mexico Other Energy – Historical Data &
Forecasts — 42 Key Risks To BMI’s Forecast
Scenario — 42 Long-Term Oil & Gas
Outlook — 42 Macroeconomic
Outlook — 43 Table: Mexico – Economic Activity,
2006-2013 — 45 Competitive
Landscape — 46 Executive Summary — 46
Table: Key Domestic & Foreign Energy Players — 46
Overview/State Role — 47 Table: Key Upstream
Players — 49 Table: Key Downstream
Players — 49 Company Monitor — 50
Petróleos Mexicanos (Pemex) — 50 Repsol YPF
Mexico — 58 Shell – Summary — 61
Chevron – Summary — 61 Petrobras –
Summary — 61 Total –
Summary — 61 Sinopec –
Summary — 62 Weatherford –
Summary — 62 Schlumberger –
Summary — 62 Glossary of Terms — 63
Oil & Gas Ratings: Revised Methodology — 64
Introduction — 64 Ratings
Overview — 64 Table: BMI Oil & Gas Business Environment
Ratings: Structure — 65
Indicators — 66 Table: BMI Oil & Gas Business Environment
Upstream Ratings: Methodology — 66 Table: BMI Oil & Gas
Business Environment Downstream Ratings: Methodology — 67
Oil & Gas Outlook: Long-Term Forecasts — 69 Regional Oil
Demand — 69 Table: Latin America Oil Consumption
(000b/d) — 69 Regional Oil Supply — 70
Table: Latin America Oil Production (000b/d) — 70 Regional
Refining Capacity — 71 Table: Latin America Oil Refining
Capacity (000b/d) — 71 Regional Gas
Demand — 72 Table: Latin America Gas Consumption
(bcm) — 72 Regional Gas Supply — 73
Table: Latin America Gas Production (bcm) — 73 Mexico
Country Overview — 73 Methodology & Risks To
Forecasts — 74 BMI Forecast
Modelling — 75 How We Generate Our Industry
Forecasts — 75 Energy Industry — 75
Cross checks — 76 Sources — 76
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