Regulatory predictability in Mexico: the unsettling precedent of Juan Carlos Zepeda

(MEI Report 883 — Houston, Dec. 17, 2018)

This report provides an overview of accomplishments and setbacks that Mexico’s upstream regulator (CNH) experienced under Mr. Zepeda’s leadership. We consider the elements in play that could have led to a decision to continue in office until the end of his statutory term (April 30, 2019) or resign (as was requested of the president-commissioners both of CNH and CRE).

Annex A is a letter of appreciation of an English proficiency workshop held in CNH in 2012. Annex B is a translation of Mr. Zepeda’s farewell letter addressed to public opinion. Fortunately, CRE leadership remains unchanged.

The report draws on discussions in Mexico City during the period Nov. 30-Dec.8 with industry stakeholders and observers. It also draws on 10 years of reporting on the institutional development of the National Hydrocarbons Commission.

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Juan Carlos Zepeda Molina
Edgar Rangel
Rocio Nahle
Andrés Manuel López Obrador
Comisión Nacional de Hidrocarburos
Comisión Reguladora de Energía

Written by

Mexico Energy Intelligence

Baker & Associates offers niche-market business and policy intelligence related to Mexico's oil and gas, power and chemical industries. Over 1,000 reports have been issued in the last 20 years. Subject matter expert and publisher George Baker, who directs the firm, has carried out consulting assignments starting in the late 1970s at the height of the Oil Boom in Mexico. He brings bilingual and bicultural skill-sets to understanding and responding to challenges of business and public policy, coupled with a deep familiarity with the history and idiosyncrasies of the Mexican operating environment.