BMI View: Never before has Mexican energy sector reform been both more critical and more attainable. Indeed, without reform and a resulting uptick in foreign investment, the country is set to switch from being one of the largest oil exporters in the world to a net importer by the latter part of our 10-year forecast period. However, while Mexico’s ruling Partido Revolucionario Institucional has recently introduced a proposal to remove long-standing limits on private sector involvement in upstream activity – a key first step - we believe that whether there is substantial interest from the major international oil companies will …
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