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Outlook 2017
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Mexico - a serious opening

The reforms underway in Mexico’s energy sector are profound – and 2017 will accelerate them

In 2017, Mexico's energy reform will enter a new phase with the liberalisation of its midstream and downstream sectors. Competition and private investment will become the new normal for the country's oil-products and natural gas markets. The same applies for storage, transportation, and distribution infrastructure, where further private participation will improve the efficiency and expand the capacity of existing networks to market gasoline, diesel, jet fuel, and liquid petroleum gas. Managed pricing and subsidies, for years a centrepiece of energy and fiscal policy, will be phased out through a carefully orchestrated process of gradual opening. Regions where wholesale and retail markets of

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