Title

The Mexican petroleum licence of 2013

Document Type

Book Section

Publication Date

11-2020

ISBN

9781788976190

DOI

10.4337/9781788976206

Abstract

To understand the legal nature of the Mexican petroleum license, one needs to review the history of the constitutional treatment of hydrocarbons. The regulation of the sector is a constant tension between a deep-rooted policy of government control over the resource motivated by nationalism, and the need to attract and maintain foreign investment to keep production flowing. According to the Constitution, only the State is empowered to extract and develop hydrocarbons. The secondary legislation, however, creates a contractual structure that allows the government to transfer the hydrocarbons to private parties at the wellhead.

First Page

207

Last Page

233

Num Pages

27

Series

New Horizons in Environmental and Energy Law

Publisher

Edward Elgar

Book Title

The Character of Petroleum Licences: A Legal Culture Analysis

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