Mexico government nationalizes assets of US oil and gas companies

Members of Congress have asked the United States for the Mexican government to take over a The de facto nationalization of the assets of North American companies in the hydrocarbon sector, By controlling its facilities and preventing it from resuming its work.

Because of the above, members of Congress demanded a The immediate intervention of the government of the President of the United States, Joe Biden, To prevent these publicly infringing acts of power Treaty between Mexico, the United States and Canada (T-MEC).

“The President of Mexico, Andrés Manuel Lopez Obrador, is in effect nationalizing Mexico’s energy sector by shutting down the operations of foreign competitors to the state-owned company Petróleos Mexicanos (Pemex),” US Congressman Clay Higgins charged in a letter to Caroline Maloney, chairwoman of the US House of Representatives Oversight and Reform in the US House of Representatives.

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“The The Mexican National Guard seized the assets of several companies from the United States and did not give any opportunity to companies to reopen their illegally closed business operations,” the legislator said.

Among other previous letters written by North American lawmakers complaining about the Mexican government’s energy policy, Higgins’ document stands out because it speaks out about the Nationalization of the assets of North American companies.

The message claims The indifference of US President Joe Biden’s governmentby not submitting the corresponding claims to the Mexican government and also by allowing Mexico to obtain Deer Park Refinery, located in Texas.

“While the US Government’s Trade Representative’s Office and the Biden administration have promised to advocate for boosting trade with Mexico, few actions have been promoted with respect to the energy sector,” Higgins charged and put the $20,000 million (mdd) investment at risk.

In this sense, the lawmaker insisted that this issue requires “the application of aggressive measures by the Biden administration.”

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As legislator Higgins pointed out in his letter that There is no strong answer On Mexico’s energy policy, it will eventually affect American citizens.

“If we fail to act, corruption in Mexico’s oil and gas sector will continue to affect our citizens,” Higgins said.

In this sense, the congressman asked the Oversight and Reform Commission of Parliament The United States should thoroughly investigate the illegal and oppressive provisions of the Mexican government.


Aileen Morales

"Beer nerd. Food fanatic. Alcohol scholar. Tv practitioner. Writer. Troublemaker. Falls down a lot."

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