Mexican Court Suspends New Hydrocarbons and Fuels Import and Export Rules Enacted by Ministry of Energy

A Mexican Court issued a provisional suspension in an amparo proceeding of the new hydrocarbons and fuels import and export rules enacted by the Ministry of Energy on December 26, 2020. As a result, the permitting regulation for the import and export of hydrocarbons and petroleum products originally published by the Ministry of Energy on 2014 will remain applicable for all market participants until the final judgement is issued.

This Legal Update details the effects and applicability of such suspension.