EPN Energy Plan in Line with Expectations

EPN Energy Plan in Line with Expectations

Mexico Economy & Policy

The energy reform package unveiled Monday by Mexican president Enrique Pena Nieto was in line with expectations, according to analysts, and is seen as having a good chance of passing. The plan proposes ending the state oil monopoly, allowing Pemex to enter profit-sharing contracts with the private sector for E&P and refining, as well as completely opening electricity generation to the private sector. The proposal also calls for the division of Pemex into upstream and downstream businesses, and t

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