The Mexican Ministries of Economy (Secretaría de Economía or SE) and Energy (Secretaría de Energía or SENER) on Nov. 6, 2023, published in the Official Gazette of the Federation (Diario.
Minimum storage of petroleum products.
Article 51.- The permits referred to in this Chapter shall be granted to Petróleos Mexicanos, to other productive enterprises of the State and to Private Parties, based on the Regulations of this Law. The granting of the permits shall be subject to the interested party demonstrating that it has, if applicable:
I. A design of facilities or equipment in accordance with applicable regulations and best practices, and
II. Appropriate conditions to guarantee the adequate continuity of the activity purpose of the permit.
Article 51.- The permits referred to in this Chapter shall be granted to Petróleos Mexicanos, to other productive enterprises of the State and to Private Parties, based on the Regulations of this Law. The granting of the permits shall be subject to the interested party demonstrating that it has, if applicable:
Minimum storage of petroleum products.
Article 51.- The permits referred to in this Chapter shall be granted to Petróleos Mexicanos, to other productive enterprises of the State and to Private Parties, based on the Regulations of this Law. The granting of the permits shall be subject to the interested party demonstrating that it has, if applicable: I. A design of facilities or equipment in accordance with applicable regulations and best practices, and II. Appropriate conditions to guarantee the adequate continuity of the activity purpose of the permit.
Article 51.- The permits referred to in this Chapter shall be granted to Petróleos Mexicanos, to other productive enterprises of the State and to Private Parties, based on the Regulations of this Law. The granting of the permits shall be subject to the interested party demonstrating that it has, if applicable:
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On March 26, 2021, the Mexican House of Representatives published in the Parliamentary Gazette an initiative to amend certain provisions of the Hydrocarbons Law, an amendment directly proposed by President Andrés Manuel López Obrador (the “Amendment”).
The Amendment will modify core aspects of the permits necessary to perform midstream and downstream activities in the hydrocarbons sector. The main goal, as explained by the president, is to prevent speculation in the oil market and combat the illegal trafficking of gasoline (
huachicoleo).
Midstream and downstream permit applicants must now demonstrate
Following our client alert published on November 17, 2020,
1 it is informed that the Resolution that establishes the products whose import and exports is subject to regulation by the Ministry of Energy (the Resolution ) was published on December 26, 2020 and entered into effect on the 28th of the same month and year.
As reported by White & Case, on December 1, 2020, the Ministry of Economy (
SE ) and the Ministry of Energy (
SENER ) published before the National Commission of Regulatory Improvement the preliminary draft of the Resolution, in order to consolidate, update and modify the current regulations regarding import and export permits for hydrocarbons, petroleum products and certain materials, equipment and nuclear fuels, which are the responsibility of SENER and the National Nuclear Safety and Safeguards Commission.