Mexico's president says he will enact energy reform soon


  • World
  • Tuesday, 17 Dec 2013

Demonstrators yell behind police officers during a protest against an energy reform and subway fare hike at Reforma Avenue in Mexico City December 14, 2013. REUTERS/Edgard Garrido

MEXICO CITY (Reuters) - President Enrique Pena Nieto said on Monday he would soon enact a sweeping overhaul of Mexico's ailing energy sector which is aimed at boosting growth in Latin America's No. 2 economy.

The reform, which changes the constitution to allow private companies to operate independently or partner with state oil giant Pemex via new types of contracts, won approval from a majority of Mexican states on Sunday, after a tense debate in Congress.

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