MEXICO CITY, Jan 24 (Reuters) - Mexican senators expect to have a proposal ready in April for an energy reform aimed at revitalizing the sector and possibly bringing vital deepwater Gulf of Mexico oil within reach, a senior legislator said.
After a year consulting with Mexican and foreign experts, lawmakers from all parties agree the oil sector needs a shake-up to ensure Mexico's future as a world class oil exporter, Sen. Ruben Camarillo told Reuters in an interview Wednesday evening.
"I estimate it should be during April," Camarillo said, referring to when the senate committee would have a draft proposal ready to submit. Some lawmakers had seen a bill ready by end-February but most feel more time is needed.
The reform attempt will be conservative President Felipe Calderon's most ambitious yet since he took office a year ago and shook up Mexico's pension, fiscal and justice systems.
Full story...here
Importance: This article plainly states that there will be a proposal in April concerning energy reforms. It also concerns the halting of a major oil monopoly, Pemex. Mexico will likely gain more oil from the Gulf of Mexico.
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After a year consulting with Mexican and foreign experts, lawmakers from all parties agree the oil sector needs a shake-up to ensure Mexico's future as a world class oil exporter, Sen. Ruben Camarillo told Reuters in an interview Wednesday evening.
"I estimate it should be during April," Camarillo said, referring to when the senate committee would have a draft proposal ready to submit. Some lawmakers had seen a bill ready by end-February but most feel more time is needed.
The reform attempt will be conservative President Felipe Calderon's most ambitious yet since he took office a year ago and shook up Mexico's pension, fiscal and justice systems.
Full story...here
Importance: This article plainly states that there will be a proposal in April concerning energy reforms. It also concerns the halting of a major oil monopoly, Pemex. Mexico will likely gain more oil from the Gulf of Mexico.
Grade this
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