Mexico

Mexico

Suspension of the effects of the legislation reforming the legal framework for hydrocarbons

11 May 2021

On 11 May, the incumbent Judge of the Mexican Court of Economic Competition (Juzgado de Competencia Económica) provisionally suspended the effects of the legal bill that reforms the Mexican hydrocarbons legal framework, which had entered into force on 5 May 2021 (IPM database entry of 21/05/2021, available at: https://ipm.unctad.org/Backoffice/Researcher/InboxMeasure.aspx?pcid=3708).

The judicial measure has general effects and extends to all actors in the oil and petrochemical sector.