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Mexico – Government Proposes Amendment to the Hydrocarbons Law | Mayer Brown - Energy Forward


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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 ....

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