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Center for the U.S. and Mexico

Will Pemex be 'first among equals' under reforms?

Isidro Morales

Will Pemex be 'first among equals' under reforms?.

Under proposed legislation to implement Mexico’s energy reforms, Pemex will remain a privileged state operator supporting exploration and production in most of the country's proven onshore and shallow water fields. It is not known if energy reform will effectively turn Pemex into a firm able to compete without policy bias against private investors. 

By Isidro Morales

Contributing Expert and Scholar, Mexico Center