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  • January 2017 (Revised August 2017)
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Mexico's Energy Reform

By: Richard H.K. Vietor and Haviland Sheldahl-Thomason
  • Format:Print
  • | Language:English
  • | Pages:32
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Abstract

Energy—both petroleum and electricity—had been terribly managed for decades in Mexico. The two national monopolies—PEMEX and CFE—were inefficient, overstaffed, corrupt, rife with subsidies, and losing money. Finally, in 2012, President Enrique Peña Nieto announced his intent to drastically reform both. Over the next two years, the Mexican constitution was amended, and a dozen implementing laws were passed to break up the CFE, reorganize PEMEX, and impose competition between the pieces. By 2017, tracts of offshore oil were auctioned, renewable contracts were auctioned, and new regulators were trying to impose competition downstream in electricity.

Keywords

Energy; Governing Rules, Regulations, and Reforms; Performance Improvement; Energy Industry; Mexico

Citation

Vietor, Richard H.K., and Haviland Sheldahl-Thomason. "Mexico's Energy Reform." Harvard Business School Case 717-027, January 2017. (Revised August 2017.)
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About The Author

Richard H.K. Vietor

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Related Work

    • January 2017 (Revised August 2017)
    • Faculty Research

    Mexico's Energy Reform

    By: Richard H.K. Vietor and Haviland Sheldahl-Thomason
Related Work
  • Mexico's Energy Reform By: Richard H.K. Vietor and Haviland Sheldahl-Thomason
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