Assessments

Mexican President Andres Manuel Lopez Obrador speaks during a press conference in Mexico City, Mexico, after announcing his plan to "rescue" Mexican oil company Petroleos Mexicanos (Pemex) on Feb. 8, 2019.

While they’ll have only a modest impact on Mexico's oil and gas sector, the changes will risk further crippling the country's state-owned oil firm Pemex and delaying its electricity sector's shift to renewable energy.

Lopez Obrador's Policy Shifts Will Have a Mixed Impact on Mexico’s Energy Projects

Highlights

Mexico

Energy

Economics

The Importance of Mexico

Mexican President Andres Manuel Lopez Obrador's reversal of certain energy policies will likely continue to have a modest impact on foreign investment and competition in Mexico's oil and gas sector. While intended to make Mexico's overall energy industry more self-reliant and state-centric, Lopez Obrador's policy shifts ultimately risk further crippling the country's state-owned oil firm Petroleos Mexicanos (Pemex), while delaying its electricity sector's shift to renewable energy sources. 

ASSESSMENTS

Lopez Obrador's Policy Shifts Will Have a Mixed Impact on Mexico’s Energy Projects

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