LUKOIL became one of the major winners of the tender in Mexico

© RIA Novosti / Ilya Petliurite in fotobanka. Archival photoLUKOIL became one of the major winners of the tender in Mexico© RIA Novosti / Ilya Petliurite the image Bank

Companies from Europe received the right to develop the greater part of the oil and gas blocks, on display Monday at the auction of Mexico, is amongst the winners of the Russian «LUKOIL» company and businessman Mikhail Fridman DEA Deutsche.

Just for the right to develop 15 oil blocks in the shallow waters of the Gulf of Mexico, located in petroleum provinces Tampico-Misantla, Veracruz and within cuencas del-Sureste, fought 26 companies from 15 countries. In the end, ten of the blocks were drawn, the remaining five bidders were not found.

As reported the Minister of energy of Mexico Pedro Joaquin Coldwell, Mexico is counting on investment for these ten blocks in size 8,192 billion dollars and the creation of 82 thousand new jobs.

According to him, European companies, including from Russia, will receive 60% of the plots in this round, companies from Asia accounted for 11%, Latin America including Pemex, is 20%. It is noteworthy that none of the US company in the end did not win these auctions, though, and applied.

According to Caldwell, the maximum total production from these ten units will reach 170 thousand barrels of oil equivalent per day. In turn, the President of the national Commission on hydrocarbons Juan Carlos Cepeda announced that the preliminary phase of field development is expected to take about 4 years, and commercial production could begin within 5-7 years.

«This round was mainly gas. Mexico needs gas,» he added.

The winner of block 2 has become a consortium of German DEA Deutsche Erdoel (owned LetterOne Russian businessman Mikhail Fridman) and Mexican oil monopoly Pemex, which has offered the royalties in 57,92%. The offer of LUKOIL on this unit was the second.

Also the right to develop one unit received, and the Russian «LUKOIL», offering the maximum possible size of the royalties at 75%.

As stated by RIA Novosti, the head of the representative office in Mexico LUKOIL International Paul Suprunov, the company estimates the volume of investments in development of the block at least $ 50 million. «While we are talking about one well, the project is geological in nature, and about the production while there is no question. We estimate investments of at least $ 50 million,» said Suprunov. He noted that the exact date of start of work has not yet been determined, but it will be after 2017.

The site is located in the oil province within cuencas del-Sureste, its area is 521 square kilometer.

Also the right to develop the parcels individually or in consortiums got companies like the Italian Eni, the Colombian Ecopetrol, division Scottish Cairn Energy Capricorn Energy, Citla, Pemex, Sierra Perote, Repsol, and Shell and Total. Prequalification also was a subsidiary of «Rosneft» RN-Shelf South, but in the end it has not submitted proposals for participation. The reasons for the refusal «Rosneft» from participation in the contest is not yet known.

The next round of the tender will take place in July.

The participation of foreign and private capital in oil tenders was made possible as a result coming from the end of 2013, the reform of the energy sector of Mexico.

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