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What you need to know about Mexico’s energy reform

Mexico is undertaking a complete transformation of its energy sector. In December 2013, Mexico’s Congress approved a series of constitutional amendments that will end the 75-year state oil monopoly and open oil and gas exploration and production to foreign investment. Just last August, Mexico’s Congress approved secondary legislation implementing the necessary reforms for the liberalization of the energy sector (the Secondary Legislation).

This reform is likely to have a profound impact on long-term oil and gas production in Mexico. In this briefing, we offer an overview of the key components of the Secondary Legislation and provide an estimated timeframe for its implementation.

View a PDF of the full briefing below.