Pemex Migration Regime: Discretionality vs. Market Solution

Pemex Migration Regime: Discretionality vs. Market Solution

This report, MEI 827, describes the Pemex Migration Regime, its purposes, limitations, time-line and peculiar lexicon. The report reconstructs the time-line in 14 steps, each with its own technical vocabulary — much of which consists of neologisms like “migración” that have no prior usage in Mexican legislation or regulation. Examining these terms, many are found to be open-ended, allowing for administrative discretionality along the steps of the time-line. The migration regime is seen as transitional framework, a beta version of a future regime in which Pemex may be trusted to choose its own partners.

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Baker & Associates offers niche-market consulting services and business intelligence related to Mexico's oil and gas, power and chemical industries. Subject matter expert and publisher George Baker, who spearheads the firm, carried out consulting assignments starting in the late 1970s at the height of the Oil Boom in Mexico. His knowledge and familiarity in these industries runs deep.

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