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UTSA to launch economic impact study on shale and gas opportunities in Mexico
(Aug. 25, 2014) -- The UTSA Institute for Economic Development will partner with the Universidad Autónoma de Nuevo León, the Asociación de Empresarios Mexicanos (AEM-USA) and others to undertake an economic impact study on shale oil and gas opportunities in Mexico.
The study will provide a comprehensive regional understanding of the economic and political impact of the recent Mexican energy reform. Its results will facilitate decision-making by federal, state, regional and municipal governments in the northern states of Mexico.
The study will include a thorough analysis of the legal and institutional framework of the energy reform in Mexico and a practical roadmap about how to do business in that sector for the Mexican and international companies interested in operating and investing in Mexico.
AEM-USA will develop an electronic platform that will include companies from the energy sector in the United States and Mexico. The platform will be maintained by AEM-USA and UTSA and will enable business-to-business transactions in the Mexican energy sector.
"The implications for the historic energy reform currently underway in Mexico are significant. Our research will estimate the potential economic impact of shale oil and gas prospects for Mexico and provide a practical guide for private companies interested in doing business in the reformed environment," said Thomas Tunstall, research director of the UTSA Institute for Economic Development.
The UTSA Institute for Economic Development has extensive experience in working with local and international organizations including the government of Mexico and currently serves as a top-tier resource for stakeholders in the Eagle Ford Shale. The institute fosters economic and community development, supporting UTSA's community engagement mission.
Recent UTSA studies include:
Economic Impact of the Eagle Ford Shale (March 2013)
Eagle Ford Shale Economic Impact and Workforce Analysis (October 2012)