Oil & Gas Deal-Doing in Mexico | Page 5
• Oil and gas exploration and production in Mexico has over 75 years of history .
• For most of that period the Mexican market was closed to private investment .
• Comprehensive reforms in late 2013 .
• Upstream exploration and production activities now available to international investors ( but with Pemex maintaining a role ).
• Full liberalisation of midstream and downstream activities .
• Since the reforms , international investment in Mexico has gained momentum , but there have been some recent challenges .
LIBERALISATION OF THE MEXICAN ENERGY SECTOR
• Oil and gas exploration and production in Mexico has over 75 years of history .
• For most of that period the Mexican market was closed to private investment .
• Comprehensive reforms in late 2013 .
• Upstream exploration and production activities now available to international investors ( but with Pemex maintaining a role ).
• Full liberalisation of midstream and downstream activities .
• Since the reforms , international investment in Mexico has gained momentum , but there have been some recent challenges .
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