Cartels Steal Billions of $$$ In Oil From Mexican Pipelines

The knowledge needed to tap into the pressurized pipelines leads authorities to suspect the gangs have infiltrated Pemex or co-opted company workers.

As Mexico prepares to develop rich shale fields along the Gulf Coast, and attract foreign investors, another challenge awaits: taming the brutal drug cartels that rule the region and are stealing billions of dollars’ worth of oil from pipelines.

Figures released by Petroleos Mexicanos last week show in 2014, thieves across Mexico have drilled 2,481 illegal taps into state-owned pipelines, up more than one-third from the same period of 2013. Pemex estimates it’s lost some 7.5 million barrels worth $1.15 billion.

More than a fifth of the illegal taps occurred in Tamaulipas, the Gulf state neighboring Texas that is a cornerstone for Mexico’s future oil plans. It has Mexico’s largest fields of recoverable shale gas, the natural gas extracted by fracturing rock layers, or fracking.

The attractiveness of the venture may hinge on bringing Tamaulipas under control.

Sen. David Penchyna, who heads the Senate Energy Commission said,”The biggest challenge we Mexicans have, and I say it without shame, is Tamaulipas.”Two rival gangs, the Zetas and the Gulf cartel, long have used Tamaulipas as a route to ferry drugs and migrants to the United States and, in recent years, diversified their business: stealing gas and crude and selling it to refineries in Texas or to gas stations on either side of the border.

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