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<br /> www.platts.com<br /> Mexico’s energy<br /> transformation takes hold<br /> Platts special report<br /> August 2017<br /> Special report Mexico’s energy transformation takes hold<br /> Executive summary<br /> ƒ Mexico is in the process of liberalizing its energy industry,<br /> which is key to the country’s long-term economic growth.<br /> Production and investment declines over the last several years<br /> have had a major impact on GDP and government revenues.<br /> Just five years ago, oil-related fiscal revenue through transfers<br /> from PEMEX accounted for about 40% of total government<br /> revenue. Today it accounts for just over 15%.<br /> ƒ Mexico’s oil and gas production remains down about 40%<br /> from peak levels, and the country’s effort to stop declines<br /> and return to growth has not yet had an impact. Crude oil<br /> production at 2.0 million b/d in June was far below a peak<a title="Mexico Energy Liberalization_v2 page 1" href="https://secure.viewer.zmags.com/publication/3352c02c?page=1"> www.platts.com Mexico’s energy transformation</a> <a title="Mexico Energy Liberalization_v2 page 2" href="https://secure.viewer.zmags.com/publication/3352c02c?page=2"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 3" href="https://secure.viewer.zmags.com/publication/3352c02c?page=3"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 4" href="https://secure.viewer.zmags.com/publication/3352c02c?page=4"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 5" href="https://secure.viewer.zmags.com/publication/3352c02c?page=5"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 6" href="https://secure.viewer.zmags.com/publication/3352c02c?page=6"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 7" href="https://secure.viewer.zmags.com/publication/3352c02c?page=7"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 8" href="https://secure.viewer.zmags.com/publication/3352c02c?page=8"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 9" href="https://secure.viewer.zmags.com/publication/3352c02c?page=9"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 10" href="https://secure.viewer.zmags.com/publication/3352c02c?page=10"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 11" href="https://secure.viewer.zmags.com/publication/3352c02c?page=11"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 12" href="https://secure.viewer.zmags.com/publication/3352c02c?page=12"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 13" href="https://secure.viewer.zmags.com/publication/3352c02c?page=13"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 14" href="https://secure.viewer.zmags.com/publication/3352c02c?page=14"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 15" href="https://secure.viewer.zmags.com/publication/3352c02c?page=15"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 16" href="https://secure.viewer.zmags.com/publication/3352c02c?page=16"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 17" href="https://secure.viewer.zmags.com/publication/3352c02c?page=17"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 18" href="https://secure.viewer.zmags.com/publication/3352c02c?page=18"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 19" href="https://secure.viewer.zmags.com/publication/3352c02c?page=19"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 20" href="https://secure.viewer.zmags.com/publication/3352c02c?page=20"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 21" href="https://secure.viewer.zmags.com/publication/3352c02c?page=21"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 22" href="https://secure.viewer.zmags.com/publication/3352c02c?page=22"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 23" href="https://secure.viewer.zmags.com/publication/3352c02c?page=23"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 24" href="https://secure.viewer.zmags.com/publication/3352c02c?page=24"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 25" href="https://secure.viewer.zmags.com/publication/3352c02c?page=25"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 26" href="https://secure.viewer.zmags.com/publication/3352c02c?page=26"> Special report Mexico’s energy</a> <a title="Mexico Energy Liberalization_v2 page 27" href="https://secure.viewer.zmags.com/publication/3352c02c?page=27"> Special report Mexico’s energy</a>