Mexico Secondary laws Energy Reform Bill

On December 2013 a constitutional reform was approved that allows the Mexican State to enter into agreements with private investors to participate in the exploration and exploitation of oil & gas. In addition, this reform also allows the granting of licenses to private investors to engage in transportation and to transform oil products and, under specific conditions, to sell oil & gas products (downstream hydrocarbon related activities).

On April 28th, 2014 the Mexican President, Mr. Enrique Peña Nieto, delivered to the Senate of the Federal Congress several bills related to the secondary laws that would regulate how to implement the constitutional reform approved on December 12th, 2013. These bills include modifications to 12 existing laws as well as the creation of 9 new laws.