How AHMSA caused the CNH to reset the 3rd cycle of Round One
HOUSTON — Not everyone in Mexico applauded the new oil regime that emerged in the legislative package that was promulgated on August 11, 2014. Within weeks, an affiliate of Altos Hornos de México (AHMSA), Mexico’s major steel manufacturer, entered a request for injunctive relief in federal court against the implementation of Article 27 of the Hydrocarbon Law.
The complaint (Amparo Indirecto 1762/2014) was that the article improperly allows the government to award contracts for exploration and extraction of natural gas in areas designated as a concession for coal mining. The complaint was submitted in federal court in Mexico City in the 16th District of Administrative Law on August 28. It was rejected, however, on Sept. 9. The complaint was resubmitted on Sept. 26th; this time, on Nov. 26, the court approved the petition and ordered that authorities suspend activities that would be authorized by Article 27 of the law.
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