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Mexico’s Energy Reform: Five Factors that will Determine its Future

Mexico’s Energy Reform: Five Factors that will Determine its Future

Mexico has made historic progress in the two and a half short years since it amended its constitution to allow private investment in its energy sector. During the worst oil price crash in decades, Mexico has managed to hold three bid rounds, welcome 16 new private oil companies into its upstream industry, maintain a deep and open dialogue with investors, and craft one of the most transparent frameworks on the planet.  Mexico’s first deep water auction, to be held in December 2016, is one of the most eagerly awaited in decades. 

Five factors will determine whether Mexico’s herculean efforts will bring lasting prosperity to the nation or turn this best in class reform effort into disappointment.

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