The existing PSA contracts in Brazil stipulate a maximum 50% of cost oil during the first two years of production and 30% after that.

Analysis
José Pablo Rinkencach Lizárraga
Director
AINDA Consultores
The Energy Reform allows the Mexican government to hold several types of contractual agreements for hydrocarbon exploration and production
he restrictions related to basic petrochemicals and the constraints imposed on the participation of foreign companies in that segment are eliminated.

Insight
Nicolas Borda
Partner
Greenberg Traurig
As a consequence of the Energy Reform, Mexico’s GDP is expected to grow an additional 1% by 2018 and reach a 2% annual increase by 2025.
All the resources in the country’s subsurface will continue being property of the nation.

Insight
David Enríquez
Partner
Goodrich Riquelme y Asociados
The Energy Reform finally formalizes the most liberal regime in Mexico’s history.