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Economy & Business - April 2021

MEXICO: Reform of hydrocarbons law will only benefit Pemex

President Andrés Manuel López Obrador sent to Mexico’s federal congress, on 26 March, a bill that seeks to amend the hydrocarbons law to restrict the role of private sector players in the petrol fuels market- where the state-owned oil firm, Pemex, has lost ground, particularly regarding the import of petrol and diesel - since the sector was liberalised by the 2013-2014 energy reform.

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