(Houston, February 25, 2020, MEI 907) — Everyone, it seems, is frustrated by the results to date of Mexico’s Energy Reform of 2013-14. The President of Mexico, Andrés Manuel López Obrador deplores the low level of investment and production from the upstream leases. Pemex E&P is going through a leadership crisis. Midstream investors in natural gas pipelines have had the terms of their contracts with CFE challenged. Logistics companies have left Mexico and private investments in terminals have not met expectations. The operatorship of a newly discovered reservoir by a private company is being challenged by Pemex.
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