CONTENT PREVIEW
Country Risk

Inter-cartel rivalry in Mexico’s Veracruz raises collateral injury risk, driving criminal diversification towards kidnapping and fuel theft

07 November 2017

Key Points

  • Homicides are rising in Veracruz state as a result of inter-cartel rivalry between the Gulf, Los Zetas, and Cártel de Jalisco Nueva Generación.
  • The fragmentation of cartels has led to rises in violent and other predatory crimes including kidnapping, extortion, and fuel theft as cartels seek other revenue sources to replace international drug trafficking.
  • International energy companies investing in the north and south of the state are likely to face high fuel theft risks if operating pipelines, as well as high kidnapping and extortion risks to staff and contractors.

Event

The fragmentation of the criminal landscape and the diversification of criminal activities are increasing violent risks faced by individuals and the hydrocarbon sector.

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