{"id":8360,"date":"2017-10-03T13:52:33","date_gmt":"2017-10-03T18:52:33","guid":{"rendered":"http:\/\/nrgibroker.com\/?p=8360"},"modified":"2017-10-03T13:52:33","modified_gmt":"2017-10-03T18:52:33","slug":"mexicos-election-next-year-poses-no-risk-for-oil-contracts","status":"publish","type":"post","link":"https:\/\/nrgibroker.com\/en\/mexicos-election-next-year-poses-no-risk-for-oil-contracts\/","title":{"rendered":"Mexico\u2019s Election Next Year Poses No Risk For Oil Contracts"},"content":{"rendered":"

From Oil and Gas Investor \/ Reuters \/ Monday, October 2, 2017 – 8:26am<\/span><\/a>
\n“Presidential elections in Mexico next year pose no risk to already-signed oil contracts, the sector\u2019s top regulator said on Sept. 29, despite the current frontrunner\u2019s pledge to review them.”<\/span><\/h4>\n

“To date, some 70 E&P contracts have been inked with several dozen foreign and private oil companies, fruit of a 2013 opening of the sector that ended state-owned oil company Pemex\u2019s decades-long monopoly.”<\/span><\/h4>\n

\"Mexico“\u201cThese are completely solid contracts,\u201d Juan Carlos Zepeda, head of Mexico\u2019s National Hydrocarbons Commission, said in an interview, adding that there is \u201cno risk\u201d that Mexico\u2019s next government could revoke them.”<\/span><\/h4>\n

“Presidential elections are schedule for July 2018, and the early leader in public opinion polls is leftist Andres Manuel Lopez Obrador, a former Mexico City mayor who has been sharply critical of the energy reform.”<\/span><\/h4>\n

“A two-time runner-up, Lopez Obrador has proposed a nationwide referendum on the energy reform and he has also said he would review the contracts.”<\/span><\/h4>\n

“\u201cThe entire energy framework is in the constitution and that provides it with durability and makes it very difficult to repeal,\u201d said Zepeda, noting that constitutional changes require a two-thirds majority in Congress which no party is likely to gain in next year\u2019s vote.”<\/span><\/h4>\n

“The regulator has run seven oil auctions so far and plans another deepwater round in January which is expected to draw interest from top global oil majors.”<\/span><\/h4>\n

From Oil and Gas Investor \/ Reuters \/ Monday, October 2, 2017 – 8:26am<\/span><\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"

From Oil and Gas Investor \/ Reuters \/ Monday, October 2, 2017 – 8:26am “Presidential elections in Mexico next year pose no risk to already-signed oil contracts, the sector\u2019s top regulator said on Sept. 29, despite the current frontrunner\u2019s pledge to review them.” “To date, some 70 E&P contracts have been inked with several dozen […]<\/p>\n","protected":false},"author":1,"featured_media":8145,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1017],"tags":[],"class_list":["post-8360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/posts\/8360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/comments?post=8360"}],"version-history":[{"count":0,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/posts\/8360\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/media\/8145"}],"wp:attachment":[{"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/media?parent=8360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/categories?post=8360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/tags?post=8360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}