Mexico

Mexico

Reforms the energy sector

20 Dec 2013

On 20 December 2013, amendments to the Mexican Constitution were published in the Federal Official Gazette. These amendments are focused on reforming the energy sector and include the possibility for private capital to participate in the oil industry through contracts for services, production-sharing, profit-sharing, and licenses. The exact terms of private sector participation in these activities shall be defined by secondary legislation yet to be issued.