Mexico will hold presidential elections in nine months. Regardless of who wins the election, it is a useful moment to consider what the next administration could mean for private investors. What may happen to the progress of the energy reform should the election bring to office a new administration that would slow down and/or delay the implementation of the myriad of measures, projects and legal and regulatory changes? The good news, from our vantage point, is that while political risk is indeed important o understand heading into 2018, there has been significant progress in Mexico on implementation of the energy reform to avoid it from being fully compromised regardless of the outcome of the election.
El pasado 25 de julio del 2017, en Santiago, distintos actores del mundo empresarial, gubernamental y académico, se dieron cita en el Foro sobre la Transición Energética y los Disruptores realizado por el Instituto de las Américas, con el objetivo de informar y debatir acerca de los elementos más críticos que constituyen la transición energética en Latinoamérica.
A Local Content policy is of strategic importance to a country because of the lasting benefits it brings to the nation, such as enhancing the domestic industry and generating more income and jobs for the population. Additionally, the encompassing nature of oil and gas activities allows for the involvement of several industries that work beyond the oil and gas sector, ultimately bringing positive impacts to the entire domestic industrial output of a country.
Each May, the Institute of the Americas convenes the La Jolla Conference to foster debate and dialogue on our hemisphere’s most critical energy policy and investment themes. And each year 2-3 topics dominate the conference’s formal presentations, panel discussions, off-the-record roundtables, and cocktail banter. That the uncertainty gripping the globe has not spared Latin America was crystal clear as participants gathered for the XXVI annual La Jolla Conference on May 24-25.
La reforma energética de México es, ahora más que nunca, un tema de suma importancia gracias a su rápida evolución y progreso.
Consolidación de la Reforma para Petróleo y Gas en México
Since taking office, President Mauricio Macri has taken clear aim at the role of the country’s energy sector, particularly as his government continues on a path to regain investment and remove the country’s international stigma.