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Reference:
Kurbanov R.A.
The legal regulation in the sphere of production, transportation and consumption of oil and gas in Mexico
// Law and Politics.
2015. ¹ 7.
P. 913-917.
URL: https://en.nbpublish.com/library_read_article.php?id=52453
Kurbanov R.A. The legal regulation in the sphere of production, transportation and consumption of oil and gas in MexicoAbstract: The article analyzes the Mexican legislation regulating the production, transportation and consumption of oil and gas.The relevance of the analysis is that, on the one hand, Mexico is a member of the North American Free Trade Agreement (NAFTA), and a major exporter of energy to the United States of America. On the other hand, state regulation covers almost all areas of the energy sector. This feature of the energy sector in Mexico adversely affects not only the investment climate and the development of modern technologies in the energy sector, but also in the integration processes of all of North American continent. Currently, all mineral resources are owned by the government, and preserve the state monopoly on oil and on certain types of activity in its initial processing. At the same time, private companies carry out the processing, transportation, storage and sale of the oil. Keywords: state monopoly, imports, exports, NAFTA, transportation of oil, environmental law, hydrocarbon production, Mexico, energy law, legislation
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