Oil and Gas in Mexico: Recent Amendments in the Energy Sector
Mondaq Business Briefing › Mexico Law Articles in English (2010)
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Oil and Gas in Mexico: Recent Amendments in the Energy Sector
Legal Framework
According to the Mexican Constitution (the "Constitution"), the Nation has direct ownership of subsoil, as well as the exclusive right to develop and use petroleum and gas. Therefore, private ownership of hydrocarbons is forbidden and ownership of reserves of petroleum and gas belongs to the Nation.As a result, the Nation may not grant oil explorati...See the full content of this document
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