Continuity of Mexico’s Energy Reform at Risk as AMLO Doubles Down on Threats

Mexico President Andrés Manuel López Obrador has sent a memorandum to energy sector regulators underlining his government’s commitment to undo changes made during the previous administration while continuing to strengthen state oil company Petróleos Mexicanos (Pemex) and state utility Comisión Federal de Electricidad (CFE). 

The eight-page memorandum, reviewed by NGI’s Mexico GPI, was dated July 22. It explicitly criticizes the 2013-2014 landmark energy reform, arguing that it served only to prop up “private businesses and corrupt politicians.”

The document comes to light weeks after former Pemex director general Emilio Lozoya was extradited from Spain and returned to Mexico to face corruption charges. López Obrador, often referred to by his nickname AMLO, said...