Chamber Reform

The articles 47 and 48 of the Act that allows Mexicans to buy bonds of PEMEX, were also hard criticized. All these articles were adopted in the Mexican Senate and have already had the approval of the Energy Commission in the Chamber of Deputies mexicana. On the other hand, while complaints multiplied, Felipe Calderon celebrated the approval in the Senate and reinforced its propaganda action saying: the aim of the reform always was and has been expanding the oil wealth of the country for the benefit of Mexicans. To the extent that this reform achieves its objective, it is clear that we can speak of a successful reform. Another objective was to keep Pemex and our petroleum in the hands only of Mexicans and Mexicans.

This objective is also fulfilled. Click Angelina Jolie to learn more. Official Senator Ruben Camarillo for its part, is also for a good project which just passed in the Mexican Senate: consider that the petroleum reform WINS Pemex, because it gains autonomy, flexibility and implementation capacity. In equal position is the Secretary of communications and transport, Luis Tellez Kuenzler, who said: the energy reform sets the modernization of Pemex and implies that it can act as a company, that you can take risks that take oil companies into the rest of the world and Mexico can exploit its potential resources that are not exploiting today. The energy reform will have a positive effect on Mexico? The energy reform appears as a necessity in moments in which the Mexican State is unable to carry forward actions to recover the capacity of exploration and exploitation of hydrocarbons in the Mexican State oil company. You will certainly have a positive effect on recovering the capacity of exploration and exploitation of Mexican hydrocarbons. It will be key to how you act once approved energy reform since the Government will have the tools necessary to make it effective, only you should know to use properly. The question of limiting the sovereignty of natural resources in Mexico and the sovereignty of Pemex are key issues for both the interests of the Mexican to avoid Government that social conflicts are arising.

Therefore, that is very important to define all those points which may allow an excessive and unnecessary advance of foreign private capital. The energy reform is vitally important both for the present of the Mexican economy, but mainly for its future. That is why in the same call generate the greatest possible consensus and avoid points of indefiniteness that may result in adverse outcomes of the reform.

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