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ARTICLE · 05 JUNE 2014

A New Frontier: Mexico’s Energy Reform

Mayer Brown
Mayer Brown
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In December 2013, the President of Mexico signed a historic energy reform bill into law, eliminating a restrictive legal framework that has limited private investment and participation in the country’s energy industry for more than 75 years.

MexicoEnergy and Natural Resources

Keywords: Mexico, Energy Reform, PEMEX, gas,

In December 2013, the President of Mexico signed a historic energy reform bill into law, eliminating a restrictive legal framework that has limited private investment and participation in the country's energy industry for more than 75 years. The reform is widely expected to result in technology and technical expertise into Mexico's upstream, midstream and downstream oil and gas industries and its electric sector.

The reform includes amendments to articles 25, 27 and 28 of the Mexican Constitution and 21 transitional articles (transitorios) or directives that detail how the Congress and the executive branch are to implement the constitutional reform. In short, the reform:

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