“Widespread uncertainty is impacting energy companies in Mexico on a daily basis,” David Enríquez, senior partner at the Mexico City-based law firm Goodrich, Riquelme y Asociados, told NGI’s Mexico GPI. “Some companies don’t even know if they will continue to exist in the next few months or if they’re going to have a permit to continue to operate, or if they’ll be able to pay employees’ salaries in six months or a year.”


He added: “Practically all of them have some form of credit obligations to pay, and they don’t know at this time if they’ll be able to make their payments. There is enormous uncertainty across the sector.”

Enríquez is one of the most distinguished and recognized figures in the Mexican energy industry, and is regularly ranked as one of...