Avant Energy is capitalising on Mexico’s liberalised energy markets with a network of storage terminals to satisfy the country’s growing demand for refined petroleum products
Historical energy reforms allowing private sector investment into Mexico’s ailing oil market in 2013 has opened the country up to a wave of investment to strengthen and secure its oil supply chain.
The reforms enacted by the Mexican government in December 2013 brought to an end the 75-year monopoly of state-owned oil company Pemex and were triggered by years of ever-declining oil production.
Since then, the country has been enjoying a wave of energy investment from across the supply chain. Since the reforms were enacted, more than 40 upstream contracts have been signed and July 2017 brought news of significant offshore discoveries, with some describing them as one of the largest shallow-water oil finds in the last 20 years.
Against the country’s blossoming energy sector Avant Energy, a Mexican energy c...