The Oil & Gas Sector has been saved
The Oil & Gas Sector
The Contractual Regime in Mexico
The Mexican Senate approved, on Tuesday August 5th, the Hydrocarbons Revenue Law and the Mexican Petroleum Fund Law, as well as the amendments to the Federal Rights Law and Fiscal Coordination Law.
The new Hydrocarbons Revenue Law contains, among other points, the mechanisms to determine the amount of the rights and considerations to be paid to the Mexican State by PEMEX and other participants derived from the assignments or contract to explore and extract oil, gas and condensate.
For more information download the document.