https://www.shaledirectories.com/blog/mexico-energy-reform-potential-dispute-settlement-mechanisms/
Sunday, December 9, 2018
Mexico Energy Reform: Potential Dispute Settlement Mechanisms
On July 1, 2018, López Obrador won the Mexican presidency and his party obtained a congressional majority—sufficient to enact legislation, but not to amend the Constitution. The new president has made few statements on energy reform. Andrés Manuel López Obrador’s advisers differ about energy reform: Some say it will remain untouched, while Secretary of Energy Rocio Nehal has called for partial counter-reform. Other voices anticipate amendments that will return Pemex to a semi-regulator role, bypassing the independent agency created in 2013. In light of this, it is relevant to review the legal framework governing investors’ oil development contracts.
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