Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process.


The opinions and positions expressed by Prud’homme do not necessarily reflect the views of NGI’s Mexico Gas Price Index.

Although Mexico’s energy sector is open to private sector competition, energy policy since December 2018 has been directed toward ensuring that state oil company Petróleos Mexicanos (Pemex) and state power utility Comisión Federal de Electricidad (CFE) remain the main providers of energy needs to the population.

The “rescue of energy sovereignty” is one of the most commonly heard phrases in the speeches of current government...