Operators await details as Mexico implements energy reforms

01/27/2014
International oil and gas companies keenly await more details as Mexico's Congress drafts and debates secondary laws to implement its recently passed energy reforms. Opinions vary on whether Mexico can meet the deadlines it scheduled for secondary laws and the creation of various regulatory groups. On Dec. 21, 2013, Mexico's sweeping energy reform became law, representing the most significant overhaul of Mexico's oil, gas, and electric industries since 1938. Many ambiguities have yet to be resolved, various energy attorneys and consultants told Oil & Gas Journal. Secondary legislation will stipulate contract logistics and tax reforms as Mexico ends the state-owned monopolies of oil co...
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