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ARTICLE · 30 SEPTEMBER 2014

Private Investment In Mexican Natural Resources

Jones Day
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The following is the second chapter in a four-part Commentary discussing the groundbreaking reforms to Mexico's oil and gas sector.

MexicoEnergy and Natural Resources
Alberto De La Parra
Alberto De La Parra
José Estandía
José Estandía
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The following is the second chapter in a four-part Commentary discussing the groundbreaking reforms to Mexico's oil and gas sector. The Commentary chapters and their publication dates are as follows:

Part I - Mexico's New Regulatory Framework for Oil and gas

Part II - Private Investment in Mexican Natural Resources

Part III - Transportation, Refining, Environmental, and Tax—October 2, 2014

Part IV - What's Next for Mexico?—October 9, 2014

A hallmark of the constitutional amendments of December 20, 2013, is the opening of the Mexican oil and gas sector to private participation. The National Hydrocarbons Commission (Comisión Nacional de Hidrocarburos, "CNH") now has the authority and ability to grant licenses and to enter into contracts with private investors for the exploration, production, and development of oil and gas in Mexico. Under the reform legislation, these contracts may take the form of profit-sharing agreements, production-sharing contracts,

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