CHALLENGES IN PETROLEUM POLICY FOR THE NEXT PRESIDENT OF MEXICO

George Baker Baker & Associates Oakland, Calif The next president of Mexico, who will take office on Dec. 1, 1994, faces the challenge of constructing a new legal, commercial, and philosophical paradigm for the oil and gas industry in Mexico. As this review of petroleum policies and measures of the past 5 years will show, the existing paradigm has worked only imperfectly, and there are a number of items of unfinished business that the new administration must address.

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