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ARTICLE · 02 AUGUST 2021

CRE Fixes Maximum LP Gas Prices After SENER Issues Emergency Guideline

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After a brief review before the Federal Regulatory Improvement Commission (Comisión Nacional de Mejora Regulatoria, "CONAMER"), on July 28, 2021, the Ministry of Energy (Secretaría de Energía, "SENER...

MexicoEnergy and Natural Resources
Francisco Mendez
Francisco Mendez
Claudia Ramos
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After a brief review before the Federal Regulatory Improvement Commission (Comisión Nacional de Mejora Regulatoria, "CONAMER"), on July 28, 2021, the Ministry of Energy (Secretaría de Energía, "SENER") published in the Federal Official Gazette (Diario Oficial de la Federación, "DOF") an Emergency Guideline for the Welfare of Liquefied Petroleum Gas Consumers (the "Guideline") urging the Energy Regulatory Commission (Comisión Reguladora de Energía, "CRE") to set a maximum price regulation for the sale of liquefied petroleum gas ("LP Gas") to end users.

In compliance with SENER's Guideline, the CRE approved the draft regulation during a special session on July 29, and on the same day, the resulting regulation A/024/2021 was published in the DOF (the "Regulation"). The Regulation establishes a methodology to calculate the maximum prices in sales to consumers. The Regulation will be in force for a period of six months and could be extended for six more. During this

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