{"id":8186,"date":"2017-08-07T12:24:10","date_gmt":"2017-08-07T17:24:10","guid":{"rendered":"http:\/\/nrgibroker.com\/?p=8186"},"modified":"2017-08-07T12:24:44","modified_gmt":"2017-08-07T17:24:44","slug":"american-canadian-and-mexican-oil-natural-gas-industries-commit-to-energy-trade-alliance-under-nafta","status":"publish","type":"post","link":"https:\/\/nrgibroker.com\/en\/american-canadian-and-mexican-oil-natural-gas-industries-commit-to-energy-trade-alliance-under-nafta\/","title":{"rendered":"American, Canadian, And Mexican Oil &#038; Natural Gas Industries Commit To Energy Trade Alliance Under NAFTA"},"content":{"rendered":"<h4 style=\"text-align: justify;\"><span style=\"font-size: 8pt; font-family: Helvetica;\"><a href=\"https:\/\/www.oilandgasonline.com\/doc\/american-canadian-gas-industries-commit-to-energy-trade-alliance-under-nafta-0001\">Oil and Gas Online |\u00a0News | August 2, 2017<\/a><\/span><\/h4>\n<p><span style=\"font-size: 12pt; font-family: Helvetica;\">&#8220;The American Petroleum Institute (API), Canadian Association of Petroleum Producers (CAPP) and the Mexican Association of Hydrocarbon Companies (AMEXHI) today outlined their shared policy positions on further strengthening the competitiveness of the North American energy industry under the North American Free Trade Agreement (NAFTA). In a joint paper, the three organizations, who collectively represent more than 750 international oil and gas companies in the U.S., Canada, and Mexico, highlighted their support for market-oriented policies and opportunities for commercial growth and job creation.&#8221;<\/span><\/p>\n<p><span style=\"font-size: 12pt; font-family: Helvetica;\">&#8220;\u201cThe natural gas and oil industry across North America is united in our support for NAFTA and the significant consumer, economic and security benefits it generates,\u201d said API President and CEO Jack Gerard. \u201cAs the energy flows between our countries continue to grow, it\u2019s important to highlight the critical role NAFTA has played in facilitating cross-border trade and investment in energy. The positions we put forward today reinforce our commitment to the energy trade alliance under NAFTA, which supports jobs and manufacturing in energy, helps to make energy more affordable, and enhances our energy security.\u201d&#8221;<\/span><\/p>\n<p><span style=\"font-size: 12pt; font-family: Helvetica;\">&#8220;\u201cIt is imperative to maintain fully reciprocal market access for Canadian oil and natural gas between Canada and the U.S., as well as enhance trade with Mexico,\u201d said CAPP President and CEO Tim McMillan. \u201cSince NAFTA\u2019s inception in 1994 our three nations\u2019 economies have become interconnected and integrated. The logic in supporting a free trade zone is more compelling today than ever before which is reflected in our joint position to strengthen our deep trade relationship for all three countries.\u201d&#8221;<\/span><\/p>\n<p><span style=\"font-size: 12pt; font-family: Helvetica;\">&#8220;\u201cAfter Mexico\u2019s Energy Reform, NAFTA itself enabled much of the investment attraction, infrastructure development and a more intensive commercial exchange,\u201d said AMEXHI President Alberto de la Fuente. \u201cThe synergy between NAFTA and the Energy Reform in Mexico is essential to attract investments, develop integrated value chains and increase North America\u2019s economic competitiveness.\u201d&#8221;<\/span><\/p>\n<p><span style=\"font-size: 12pt; font-family: Helvetica;\">&#8220;The joint paper outlines the North American oil and natural gas industry\u2019s positions on specific policy areas of NAFTA, including the preservation of tariff reduction and elimination in the trade of energy products, market access, a modernized system of certificates of origin, regulatory cooperation, and fully liberalized trade across North America. It also highlights the support for preserving provisions for strong investment protections and Investor-State Dispute Settlement (ISDS), including rules that restrict expropriation of investments and that provide for prompt, adequate and effective compensation when expropriation does occur.&#8221;<\/span><\/p>\n<p><span style=\"font-size: 12pt; font-family: Helvetica;\">&#8220;The joint position paper is available on API\u2019s website here. To learn more about the benefits of North American energy integration, click here.&#8221;<\/span><\/p>\n<p><span style=\"font-size: 12pt; font-family: Helvetica;\">&#8220;API, CAPP, and AMEXHI work on behalf of our international oil and gas member companies to enhance the opportunities for oil and natural gas production and manufacturing and improve the competitiveness of the industry in North America and in the worldwide economy. The three organizations combined represent over 750 international oil and gas member companies, and support opportunities for economic growth and job creation under NAFTA.&#8221;<\/span><\/p>\n<h4 style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-8189 size-medium\" src=\"https:\/\/nrgibroker.com\/wp-content\/uploads\/2017\/08\/Flag_of_the_North_American_Free_Trade_Agreement_standard_version.svg-2-300x185.png\" alt=\"Flag_of_the_North_American_Free_Trade_Agreement_(standard_version).svg-2\" width=\"300\" height=\"185\" srcset=\"https:\/\/nrgibroker.com\/wp-content\/uploads\/2017\/08\/Flag_of_the_North_American_Free_Trade_Agreement_standard_version.svg-2-300x185.png 300w, https:\/\/nrgibroker.com\/wp-content\/uploads\/2017\/08\/Flag_of_the_North_American_Free_Trade_Agreement_standard_version.svg-2-768x474.png 768w, https:\/\/nrgibroker.com\/wp-content\/uploads\/2017\/08\/Flag_of_the_North_American_Free_Trade_Agreement_standard_version.svg-2-1030x636.png 1030w, https:\/\/nrgibroker.com\/wp-content\/uploads\/2017\/08\/Flag_of_the_North_American_Free_Trade_Agreement_standard_version.svg-2-705x435.png 705w, https:\/\/nrgibroker.com\/wp-content\/uploads\/2017\/08\/Flag_of_the_North_American_Free_Trade_Agreement_standard_version.svg-2-450x278.png 450w, https:\/\/nrgibroker.com\/wp-content\/uploads\/2017\/08\/Flag_of_the_North_American_Free_Trade_Agreement_standard_version.svg-2.png 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/h4>\n<h4 style=\"text-align: justify;\"><span style=\"font-size: 8pt; font-family: Helvetica;\"><em>SOURCE: The American Petroleum Institute (API)<\/em><\/span><\/h4>\n<h4 style=\"text-align: justify;\"><span style=\"font-size: 8pt; font-family: Helvetica;\"><a href=\"https:\/\/www.oilandgasonline.com\/doc\/american-canadian-gas-industries-commit-to-energy-trade-alliance-under-nafta-0001\">Oil and Gas Online |\u00a0News | August 2, 2017<\/a><\/span><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>Oil and Gas Online |\u00a0News | August 2, 2017 &#8220;The American Petroleum Institute (API), Canadian Association of Petroleum Producers (CAPP) and the Mexican Association of Hydrocarbon Companies (AMEXHI) today outlined their shared policy positions on further strengthening the competitiveness of the North American energy industry under the North American Free Trade Agreement (NAFTA). In a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8189,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1017],"tags":[],"class_list":["post-8186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/posts\/8186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/comments?post=8186"}],"version-history":[{"count":0,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/posts\/8186\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/media\/8189"}],"wp:attachment":[{"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/media?parent=8186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/categories?post=8186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/tags?post=8186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}