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ARTICLE · 06 MAY 2014

Mexico Energy Reform Update: Key "Secondary Laws" Proposed

A pivotal step in Mexico's game-changing energy reform process was taken this week.

MexicoEnergy and Natural Resources

Jose Antonio Prado, Boris Otto, Alejandro Landa Thierry and Guillermo Uribe Lara are Partners, and Carlos Ochoa is an Associate in the Mexico City office.

HIGHLIGHTS:

  • A pivotal step in Mexico's game-changing energy reform process was taken this week when President Enrique Peña Nieto asked the Mexican Senate to pass new energy-related laws and amend existing ones.
  • Mexico's sweeping energy reforms involve the exploration and exploitation of oil and gas as well as the generation of electric power, and are designed to end the federal government's energy monopoly and invite private investment.

On December 20, 2013, Mexico's Official Federal Gazette (Diario Oficial de la Federación, which is akin to the Federal Register in the United States) published constitutional reforms modifying articles 25, 27 and 28 of the Mexican Constitution. These "Energy Reforms" will utterly transform the way in which the country handles the exploration and exploitation of oil

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