Mexican Energy Reform
Hydrocarbon Sector: Challenges PEMEX’s Energy Sovereignty: has historically had total control over and responsibility for fuel production and supply in Mexico, required to both develop all types of hydrocarbon oil fields and cover the national fuel supply on its own. This has caused a growing gap between the nation’s oil supply and domestic demand. The following chart demonstrates the ratio between hydrocarbon (including petroleum, natural gas, petroleum products, and petrochemicals) export and import values. One can see that, in the 90s, the value of exports was about seven times the value of imports.