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The lower house of Mexico's congress April 14 approved by a sweeping majority a proposed bill, presented by President Andrés Manuel López Obrador, that modifies the existing hydrocarbons law. The bill moved to the Senate where it will be discussed and voted on in the coming days.
The bill, as approved, toughens the requirements for obtaining permits to import, export, transport, and distribute liquid fuels in the country. It allows regulators to cancel existing permits if companies are involved in theft or contraband, and allows them to cancel permits based on storage capacity requirements and also if the authority considers the operations pose an "imminent" danger to national security or the country's economy.