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Mexico’s Energy Reforms Become Law

Diana Villiers Negroponte

On August 11, 2014, President Peña Nieto signed into law the 21 component parts of a comprehensive energy reform. Eight months after introducing constitutional amendments to radically transform Mexico’s hydrocarbon and electricity sectors, private investors and Petróleos Mexicanos (PEMEX) can leave the starting gate. Read the latest article by Diana Negroponte, a member of Mexico Institute's Advisory Council

Mexico’s Energy Reforms Become Law

Brookings Institution. By: Diana Negroponte*

On August 11, 2014, President Peña Nieto signed into law the 21 component parts of a comprehensive energy reform. Eight months after introducing constitutional amendments to radically transform Mexico’s hydrocarbon and electricity sectors, private investors and Petróleos Mexicanos (PEMEX) can leave the starting gate.  Peña Nieto was among the first to make the dash, announcing that he would speed up the creation of a new power-grid and advance the date for declaring which fields would be available for bidding by private and foreign companies. In signing, he announced that "This is the moment to put the energy reform into action." Read more: Brookings Institution 

*Diana Negroponte is a member of the Mexico Institute's Advisory Council

About the Author

Diana Villiers Negroponte

Diana Villiers Negroponte

Global Fellow; Author "Master Negotiator: James A. Baker’s Role at the End of the Cold War"
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Mexico Institute

The Mexico Institute seeks to improve understanding, communication, and cooperation between Mexico and the United States by promoting original research, encouraging public discussion, and proposing policy options for enhancing the bilateral relationship. A binational Advisory Board, chaired by Luis Téllez and Earl Anthony Wayne, oversees the work of the Mexico Institute.   Read more