According to industry sources, the government will present the document next week, with the idea of limiting competition.
The lower part of the hydrocarbons value chain, that is, its import, distribution and commercialization, could suffer the same fate as the generation of electric energy with an initiative to reform the Hydrocarbons Law that will be presented next week, according to increasingly strong rumors among members of the industry and within Petróleos Mexicanos (Pemex).
This legal amendment will seek to continue with the route that has been followed in the electricity industry: the Executive will seek to strengthen the state-owned company by subtracting the market from the companies that arrived in the country after the energy reform to import, distribute and sell petroleum products in the country, limiting the delivery of permits granted by the Energy Regulatory Commission (CRE) and the Ministry of Energy, respectively.
And just as in electricity generation, this amendment to the Law will be sought after the administrative route did not work, because although in December 2019 the asymmetric regulation against Pemex was repealed to encourage competition in the free gasoline market that was based on Agreement 057/2018 of the CRE, in which the regulator would determine the ceiling prices for first-hand sales of fuels and Pemex would be obliged to publish the discounts it granted, the administrative agreement that reduced the validity of import permits from 15 to a maximum of five years, published last December 26, was suspended by Judge Juan Pablo Gómez Fierro thanks to the injunction of affected industrialists.
https://www.eleconomista.com.mx/empresas/A-la-vista-reforma-para-devolver-mercado-a-Pemex-20210325-0016.html
