Energy Reform

On December 20, 2013, the Official Daily of the Federation published the Decree whereby constitutional articles 27 and 28 were reformed to allow the participation of the private sector in the exploration and extraction of hydrocarbons, in activities related to basic petrochemicals and the electrical power industry.

The transitional provisions of the constitutional reform establish that Congress must make the necessary adjustments to the legal framework so that the approved system may be put into effect.

In this respect, the President sent Congress a bill proposing the enactment of nine new laws and the reform of twelve existing laws, which altogether constitute the "secondary laws". After approval by Congress, the "secondary laws" were sent to the Executive Branch for signing and publication in the Official Daily of the Federation, which took place on August 11, 2014.