Mexican Government Calls on Senators to OK Energy Industry Reforms Latin American Herald Tribune
go to original October 25, 2013

MEXICO CITY – Energy Secretary Pedro Joaquin Coldwell said he was confident that the Senate would work its way through the three energy industry reform proposals and approve a far-reaching bill.

The conservative National Action Party, or PAN, presented a bill on July 31, while President Enrique Peña Nieto unveiled his energy industry reform proposal on Aug. 12 and the leftist Party of the Democratic Revolution, or PRD, released its own plan a week later.

The Peña Nieto administration’s proposal could be combined “with the other ones made by National Action and Democratic Revolution, which have different visions that could be melded into just one,” Coldwell said during an appearance before the Senate.

... Peña Nieto presented a bill to Congress that would change Article 27 and Article 28 of the Mexican Constitution, opening the way for the private sector to invest in oil and gas exploration and production projects via profit-sharing agreements with the state.

Read the rest at Latin American Herald Tribune

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