amexhi in A Sentence
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In the private sector, Amexhi expects production to reach nearly 50,000 bbl/d this year and jump to 280,000 bbl/d by 2024.
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In the private sector, Amexhi expects production to reach nearly 50,000 bpd this year and jump to 280,000 bpd by 2024.
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Amexhi argues output is a poor yardstick because only 29 contracts are in the production stage out of 111 awarded through 2018.
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We have been complying(with contractual obligations), and by any metric you look at, we have been successful," Amexhi President Alberto de la Fuente told reporters this week.
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Meanwhile, private and foreign oil firms have spent about $11 billion in investment, taxes and payments to Pemex, and plan to invest another $37 billion in the coming years, Amexhi says.
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