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Law Commons

Open Access. Powered by Scholars. Published by Universities.®

2018

Selected Works

Guillermo J. Garcia Sanchez

Natural Resources Law

Oil and gas contracts

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Full-Text Articles in Law

The Fine Print Of The Mexican Energy Reform, Guillermo J. Garcia Sanchez Aug 2018

The Fine Print Of The Mexican Energy Reform, Guillermo J. Garcia Sanchez

Guillermo J. Garcia Sanchez

Five years ago, when Mexico transformed its energy sector, most commentators were worried about the government’s capacity to implement the reform. What would the upstream contracts look like? Would the auctions be transparent? How would international companies react? After two successful auction rounds, 107 signed contracts, and the creation of viable regulatory agencies to manage and monitor the reform agenda, the questions have changed. Today, Mexico’s capacity to implement energy reforms and attract foreign investment is no longer in doubt. Today, the most pressing questions about the reform concern its long-term sustainability. Can it survive the Mexican electoral cycles? Will …