New Regulators

Companies in the energy sector are prepared to invest in Mexico resulting from the changes to secondary legislation, but the energy model that is about to enter into force will have different regulators and institutions known.

Energy Regulatory Commission

cre

  • Transport, storage, distribution, compression, liquefaction and regasification, as well as the sale to the public of oil, natural gas petroleum and petrochemical
  • Pipeline transportation and linked, liquefied petroleum gas storage
  • Transport, storage, distribution and sale to the public of bioenergetics
  • Electricity generation, transmission utilities and electric distribution services, transmission and distribution of electricity which is not part of the public service and the marketing
  • Regulate first-hand sales.

Secretary of Energy

sener

  • Conducting and coordinating energy policy
  • Designing contracts and technical guidelines for tenders
  • Award allocations and selection of areas, with assistance from the National Hydrocarbons Commission (CNH)
  • Permits for Sale to the Public on gasoline and diesel
  • Give permission to refining and gas processing.
  • Transport, storage and distribution

Ministry of Finance and Public Credit

SHCP

  • Tax on gasoline and diesel
  • Establish the economic conditions of tenders and contracts, as well as the corresponding fiscal terms
  • With the issuance of the new Hydrocarbons Law of Income, the mechanisms through which the state plans to obtain revenues from the exploitation of this sector arise
  • Managing and accounting audit the special tax regime for contracts under the Revenue Act of Hydrocarbons

National Hydrocarbons Commission

cnh

  • Regulate and supervise the recognition and surface exploration, as well as the exploration and extraction of hydrocarbons, including its collection from the points of production and system integration to its transportation and storage
  • Tender and sign contracts for the exploration and extraction of hydrocarbons
  • Organize and carry out the promotion of contracts for exploration and production of hydrocarbons
  • Manage, in the technical, assignments and contracts for the exploration and extraction of hydrocarbons
  • Provide technical assistance to the Ministry of Energy
  • Establish and manage the National Information Center of Hydrocarbons in the terms established by the Hydrocarbons Law
  • This center will contain at least the information of seismic studies, will safeguard, preserve and manage the rock cores, drill cuttings and hydrocarbon samples deemed necessary for the collection of the historical and prospective knowledge of the country’s hydrocarbon production

National Agency for Industrial Safety and Environmental Protection of Oil Sector

  • Set the elements, bases, measures, criteria and technical guidelines of hydrocarbon sector in matters industrial, operational and environmental protection safety
  • Regulate, monitor and sanction in matters of industrial safety, operational and environmental protection
  • Promote and encourage the activities related to the sector, and that they are made taking industrial, operational safety and environmental protection.
  • Conduct researches on the cause of accidents and casualties in the hydrocarbon sector
  • Provide input to the Secretariats of Environment and Natural Resources and Energy for the determination of the policy of industrial safety and environmental protection in relation to the activities of the oil sector
  • Participate in the design and care plans to prevent and respond to emergency situations
  • Create, process and resolve the following:
  1. Authorization in the field of environmental impact and risk
  2. Authorization to emit odors, gases or solid or liquid particles in the atmosphere
  3. Authorization on hazardous waste in the Hydrocarbon Sector
  4. Approval of the proposed remediation of contaminated sites and releasing them at the end of the execution of the corresponding program
  5. Authorization in special waste management
  6. Registration of waste management plans and programs for the installation of systems for collection, storage, transportation, treatment, recovery and disposal
  7. Authorization of land use change on forest land
  8. Permissions to perform activities of environmental release of organisms genetically modified for bioremediation of hydrocarbon-contaminated sites; as well as to establish and monitor the conditions and measures that will be bound by such activities

CENACE

  • Operational control of the national grid and open access to electricity networks
  • Ensures working generation plants under competitive conditions
  • Plan the transmission network
  • Sets the rules for interconnection to the grid
  • It becomes a public agency in charge of controlling the national electricity system and ensures open access to the transmission and distribution electrical access

CENEGAS

  • Manage pipeline transportation systems and storage
  • Plan and propose to the SENER, expansion plans and comprehensive infrastructure optimization
  • Coordínate maintenance plans
  • Providing transport services with its own infrastructure

BANK OF MEXICO

  • Law of the Mexican Petroleum Fund for Stabilization and Development, the FUND shall be responsible for receiving, managing and distributing all of the Mexican state petroleum revenues
  • The FUND will seek the stability of public finances and financial backing of the government, must channel public resources to invest in the areas of technology development and contribute to social development through public spending through a Universal Pension System, among other items
  • The FUND is established through a Public Trust administered by the Bank of Mexico, for this purpose a Technical Committee represented by 4 independent directors will be established: Governor of the Bank of Mexico and the heads of the Ministry of Energy and the Ministry of Finance and Public Credit, who will preside.