Oil & Gas Deal-Doing in Mexico | Page 15

REGULATORS

English Name Spanish Name Abbreviation Regulatory Responsibility
National Hydrocarbons Commission
Comisión Nacional de Hidrocarburos
CNH
Manages the upstream bidding process and ultimately awards the contracts .
Ministry of Energy
Secretaría de Energía
SENER
Main authority and coordinating agency of the energy sector . Additionally , grants permits for import / export , refining and processing .
Energy Regulatory Commission
Comisión Reguladora de Energía
CRE
Grants permits for other midstream and downstream activities .
Ministry of Finance
Secretaria de Hacienda y Crédito Público
SHCP
Determines the fiscal and economic terms for the applicable contracts .
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