This GT Alert is an update to “Mexican Energy Reform: Impact and Opportunities,” published June 4, 2014. This GT Alert describes the most relevant aspects of the secondary legislation in connection with energy matters published in the Federal Official Gazette (DOF) on August 11, 2014.
Background
On December 20, 2013, the DOF published the amendments to the Mexican Constitution regarding energy matters, which became effective the day after its publication.
On April 30, 2014, the Federal Executive Branch submitted the initiatives of the secondary legislation regarding energy matters to the Senators’ Chamber for their review and approval.
The initiatives were enacted by the Federal Government, in accordance with procedures for the enactment of legislation, and were published in the DOF on August 11, 2014 (the Secondary Legislation).
Secondary Legislation
The Secondary Legislation is comprised of 21 laws, divided into 9 blocks, which create 9 new laws and amend 12 existing laws.