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    "headline": "Mexico Fracking Needs $108 Billion Investment to Hit Production Peak",
    "dek": "Merlin Cochran estimates Mexico requires $108 billion and a decade to reach maximum fracking production.",
    "prose": "Merlin Cochran, general director of the Mexican Association of Hydrocarbon Companies (Amexhi), estimated that developing fracking projects in Mexico would require investments of $108 billion and approximately a decade to reach its production peak. [^1]\n\nMexico consumes approximately 9 billion cubic feet of natural gas daily, according to Cochran, which drives the need to develop unconventional resources through fracking. [^2]\n\nThe $108 billion investment required to detonate fracking projects is 1.4 times the investment attracted by the 2013 energy reform. [^3]\n\nMerlin Cochran estimated that achieving a target of 9 billion cubic feet of dry gas daily would require 24 new shale fields in Mexico. [^4]\n\nMerlin Cochran stated that fiscal conditions must be established to make the projects profitable. [^5]\n\nMerlin Cochran stated that the investment required for these shale projects in northern Mexico is $108 billion. [^6]\n\nPresident Claudia Sheinbaum committed to publishing advances from a scientific committee evaluating the extraction of natural gas from unconventional reservoirs using fracking techniques. [^7]\n\nDuring the current term, Pemex has awarded 10 mixed contracts, while the legal framework contemplates other instruments to incorporate private capital. [^8]",
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    {
      "statement": "Merlin Cochran, general director of the Mexican Association of Hydrocarbon Companies (Amexhi), estimated that developing fracking projects in Mexico would require investments of $108 billion and approximately a decade to reach its production peak.",
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