PW
Español

 

PW
Guyana
Surinam


PW
Trinidad

& Tobago
Caribbean

 

Prices
Graphics

 




Very usefull links



PW
Bookstore





Blogspots

The Global Barrel

Tiempo Culural

Gustavo Coronel

Iran Watch.org

Le Blog des
Energies Nouvelles

News Links

AP

AFP

Aljazeera

Dow Jones

Reuters

Bloomberg

Views and News
from
Norway

 

PW
Bookstore

 

 

 

Mexico’s congressional leaders
pushing to vote energy bill in December

Bloomberg

Lower House leaders seek power bill vote in December

-Bill guarantees state utility majority of electricity market
-Constitutional reform needs two-thirds support in lower house

By Maya Averbuch / Bloomberg

MEXICO CITY
Petroleumworld 10 21 2021


Mexico’s ruling party is targeting lower house approval of President Andres Manuel Lopez Obrador’s electricity bill in December, a timetable that would help build momentum for returning the nation to a state-owned electricity monopoly.

A December vote would help head off delays that might make it harder to win approval, Juan Ramiro Robledo, a member of the president’s Morena party and head of the lower house constitutional affairs committee, said Monday. It is one of two committees, including one dedicated to energy, discussing the bill.

“We’ll perhaps put it to a vote in December,” Robledo said. “That’s our intention, and the task we have. We are all conscious that this is an important initiative. Even those against it know it’s important.”

Read More: AMLO's Energy bill will preserve renewable contracts, mexican key lawmaker says

Two-thirds of the legislators present on the day of voting have to be in favor before the constitutional reform is sent to the Senate for review, and then turned over to state congresses and later the president for approval. The current legislative session ends in mid-December, leaving legislators with less than two months to negotiate the details.

The bill seeks to give the state utility, the Comision Federal de Electricidad, a majority stake in the electricity market and reduce control of the private sector. Robledo reiterated that all private electricity contracts would be subject to review, but those likely to be canceled were ones used to violate laws, such as using self-supply contracts to sell energy to third parties.

“Those that are producing more than their permits allow them to will not be able to continue doing so,” he said. “The contracts that will be reviewed and then survive are those that have respected their own limits.”

Robledo said he was open to discussing changes to the bill with opposition parties.

“With all the parties, I think there can be considerations and reflections that would favor the central premise of the proposal, which is to reestablish the primacy of the state in this sector of the economy,” he said.


_____________

By Maya Averbuch from Bloomberg News

bloomberg.com /10 20 2021

TOP

Contact: editor@petroleumworld.com,


Editor & Publisher:Elio Ohep /
Contact Email: editor@petroleumworld.com

CopyRight © 1999-2021, Elio Ohep A. - All Rights Reserved. Legal Information

PW in Top 100 Energy Sites

CopyRight©1999-2021, Petroleumworld   / Elio Ohep - All rights reserved

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission fromPetroleumworld or the copyright owner of the material.