Mexican reform details seen left to Congress

08/26/2013
The Aug. 12 energy-reform proposal by Mexican President Enrique Pena Nieto leaves many questions dependent on subsequent legislation, according to a review by the law firm Mayer Brown (OGJ Online, Aug. 13, 2013). The Mexican Congress is expected to consider the historic proposal in September, the firm said. Pena Nieto, who leads the Institutional Revolutionary Party (PRI), made his proposal to the Senate after the opposition National Action Party (PAN) advanced a reform program at the end of July (OGJ Online, Aug. 5, 2013). Both proposals allow private investment in oil and gas exploration and development, for decades the sole province of state-owned Petroleos Mexicanos (Pemex). Mayer Bro...
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