Mexico’s upcoming presidential election keeps uncertainty in the air for energy reform: Baker Institute

A slowdown versus a reversal of Mexico’s energy reform legislation is the most likely scenario to emerge following July’s presidential election, according to a number of Mexico energy experts gathered February 15 at the Baker Institute, where they discussed the state of the country’s energy reform and how that law will be shaped after this year’s July elections. Speaking at the event dubbed “Political Uncertainty and Mexico’s Energy Reform” were Jesus Reyes-Heroles, former Pemex CEO and former energy secretary of Mexico, and now heading his own consultancy; Miriam Grunstein, chief energy counsel for Brilliant Energy Consulting; Lourdes Melgar, former Mexican deputy secretary of energy for hydrocarbons and now a research affiliate with the Massachusetts Institute of Technology; Pablo Zarate, with FTI Consulting; and Francisco Monaldi of the Baker Institute and moderator of the discussion. Mexico’s leading presidential candidate, Andres Manuel Lopez Obrador – or AMLO, as he’s known – is a so-called populist from the National Regeneration Movement party (MORENA) that some have feared may attempt to reverse Mexico’s energy reform. Early in his campaign, Lopez Obrador was highly critical of the legislation and indicated he might try to roll it back. But as the campaign has rolled on, his… continue reading

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