HOUSTON (Sputnik) – When asked whether the company is interested in continuing cooperation with Russia, Gonzalez Anaya said, "We will… We decided to continue on the tracks, so we will talk."
Russia's Lukoil became the first foreign company to tap into Mexico's oil market, after singing a cooperation agreement with Pemex in January 2014.
In 2014, Mexico's parliament approved legislation paving the way for private oil contracts as the country's market began to open up to foreign oil firms. State-owned Pemex petroleum company has lost its monopoly over the country's oil reserves, with foreign companies set to enter the Mexican oil market through profit-sharing and production-sharing contracts, as well as through licensed drilling.
