The election of Andres Manuel Lopez Obrador (AMLO) as president created an environment of uncertainty due to his positions against private investment. However, several companies and investors have sent messages to the president of Mexico, showing their confidence in the country.
Enrique Peña Nieto (EPN), former President of Mexico, promoted Energy Reform with the promise of reactivating oil production in a short time. His government made three Rounds signing several contracts, but few agreements have given results so far.
Proposals and plans of Andres Manuel Lopez Obrador (AMLO), president of Mexico, have generated uncertainty in the oil sector. However, some oil companies have shown their confidence in the country, despite this situation. Josu Jon Imaz, Executive Director of Repsol (MSE: REP), spoke about the company’s perspectives for Mexico.