Mexico lays out blueprint for energy imports and exports – SABJ

Mexico’s historic energy reforms go into effect on Jan. 1, but officials have just released technical documents that outline rules for imports and exports in this new market.After more than 70 years of strict national control, Mexico is opening its oil and natural gas markets to foreign investment. But the nuts and bolts of how the new oil and natural gas markets will work has become clearer.Mexico’s Ministry of Economy (SE) has released technical documents on their website that outline imports and exports under the rules. The documents include a series of complex formulas that U.S. producers can use to determine how much profit and oil they get to keep for themselves.

via Mexico lays out blueprint for energy imports and exports – San Antonio Business Journal.

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