Vol. 9 No. 18 (2014)

Artículos

The energy sector of Mexico in the face of change

Published 2014-01-01

  • Julieta Evangelina Sánchez Cano

Julieta Evangelina Sánchez Cano
Faculty of Economics, Management and Accounting in Juaréz University of Durango State

Abstract

The energy industry in Mexico is a strategic factor that affects the development of the country and therefore is transcendental to the Mexican economy. The Mexican economy is highly dependent on the production of energy from oil, since PEMEX accounts for almost 10% of the country's GDP and 40% of budget revenues. However, Mexico is a country with a slowdown in the reserves/production ratio for oil, because for several years, Mexico has increased its production without more discoveries of new oil wells. In response, the Mexican government has proposed a comprehensive reform strategies for the energy sector, this article analyzes the strategies and the current status of the sector.

Keywords

Energy sector, reform, oil

PDF (Spanish)

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