Mexican Parliament Passes Law That Restricts Fuel Imports Of Private Companies

Mexican Parliament Passes Law That Restricts Fuel Imports Of Private Companies

OilPrice.com

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The lower house of the Mexican Congress passed changes to an energy law that gives the government power to restrict private oil companies' activity in oil and fuel imports, Reuters has reported, adding the matter has now been passed to the Senate to vote on the changes. MPs voted in favor of the changes despite warnings from Mexico's antitrust regulator, COFECE, that they would have a negative effect on competition on the domestic oil market and could make fuels pricier for end-consumers. The proposed changes are part of a broader push by the Andres…

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