Mexico's Latest Step Towards Energy Liberalization

Law360, New York (March 8, 2007, 12:00 AM EST) -- I. Coal Bed Methane: A Leap? Or Constitutional Creep?

On June 26, 2006, the Mexican Congress voted a constitutional amendment that altered nearly 68 years of oil and gas policy in that country.

Since the early twentieth century, Mexico has been the country most hostile to private oil and gas investment in the world.

With the coal bed methane amendment, comprising all of two lines of text, Mexico appears to have made a major departure from former policy, exempting coal bed methane (natural gas trapped within...
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