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Mexican energy sector plans to open up to private firms
After 76 years of state monopoly, on Monday President Enrique Peña Nieto signed the enabling legislation for the opening of the Mexican energy sector. The nine new statutes, and amendments to the original twelve in place, that were passed establish a new legal framework for the implementation of crucial reforms that will allow private sector participation in the oil , gas and electricity industries.
Policy milestone details
Start date: 2014-8-11
Keywords: petroleum exploration & production - Legislation - liberalization
Countries: Mexico -
Milestone source: Energy in MEXICO, open for business!
Milestone type: Legislation
Sector: Oil and gas - Policy and governance -
Organisation: Mexican Government
Subjects: Banking, finance and investment, Policy and Governance, Oil and gas extraction, Oil and gas, Oil, Primary energy production, Exploration and production, Hydrocarbon exploration, Offshore exploration, Offshore production, Oil production, Oilfield development, Onshore exploration, Onshore production, Energy policy
