MEDIA ADVISORY: IPD Latin America & Wilson Center Release a Critical Assessment of Mexico’s New Hydrocarbons Model (Spanish and English versions now available.)
+1 (954) 636-9666
+1 (202) 691-4325
MEXICO CITY – IPD Latin America and the Wilson Center’s Mexico Institute are pleased to launch the report Mexico’s New Hydrocarbons Model: A Critical Assessment Four Years Later. The report, written by John Padilla and Duncan Wood, evaluates the strengths and weaknesses of Mexico’s new hydrocarbons model, aiming to give politicians, policymakers, and other stakeholders a clear assessment of what has been achieved so far and what remains to be done.
The report determines that, despite the multiple problems facing the energy sector in Mexico, there are concrete steps that can be taken to resolve them. Most necessary changes can be done via adjustments to existing legislation, regulations, and policies, although certain constitutional reform will ultimately need to be considered, particularly as it relates to PEMEX. Policy recommendations are given in the following key areas:
- Legal Framework
- Corporate Governance
- Midstream and Downstream
- Institutional and Regulatory Framework
The report uses the results of a series of forums developed and hosted by IPD Latin America in Mexico City in early 2018 with the support of the Wilson Center’s Mexico Institute. Participants included a broad cross-section of local industry executives ranging from upstream to downstream, including lawyers, academics, former senior government officials, and individuals with decades of experience in Mexico’s energy sector and abroad.
Notes for Editors:
- IPD Latin America provides customized energy consulting services to global oil, gas, and power companies, governments, and financial institutions. Their tool and services help clients navigate Latin America’s complex energy markets.
- The Wilson Center provides a strictly nonpartisan space for the worlds of policymaking and scholarship to interact. The Wilson Center’s Mexico Institute seeks to improve understanding, communication, and cooperation between Mexico and the United States by promoting original research, encouraging public discussion, and proposing policy options for enhancing the bilateral relationship.