President-elect Andrés Manuel López Obrador proposed a process to review the oil contracts signed in the past rounds. Abel Hibert, Chief of Economic Advisors of the AMLO transition team, spoke about this process.
Representatives of Mexico’s Energy Secretariat (Sener), the Federal Electricity Confederation (CFE) and Pemex went to the Chamber of Deputies to talk about the good (and no so good) moves that took place during Peña Nieto’s Administration.
The lack of infrastructure was one of the main challenges to overcome with the approval of Energy Reform some years ago. The country has made progress in this area, achieving important interconnection projects with the United States.
Héctor Moreira, commissioner of the National Hydrocarbons Commission (CNH), sent a clear message to AMLO’s government regarding Mexico’s unconventional fields.
Victoria Tauli Corpuz, special representative of the United Nations Organization (UN), spoke about the importance of prior consultation and other critical issues to improve relations with indigenous communities.
The government of Enrique Peña Nieto (EPN) promoted Energy Reform, opening the doors to private investment. However, this has not had the support of all political sectors and different opinions have been generated on the convenience and results of the reform since its implementation.
The Mexican oil sector has faced a difficult crisis in recent years, affecting the economy of several regions. However, local associations expect a recovery of activities thanks to new projects signed in the past oil auctions. Marcos Theurel Castro, Director of the Integral Port Administration (API), spoke about the expectations for offshore oil platforms.