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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Written by

George Baker

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.

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