Reduction of Pemex’s Share Utility Right

Reduction of Pemex’s Share Utility Right

Dec 17, 2019

000 On December 9th, 2019, the Official Gazette published the “Decree that reforms and adds various provisions of the Hydrocarbons Revenue Law” (the Decree) which aim is to reduce Pemex’s shared utility right (DUC[1], by its Spanish acronym) from the current 65% to...