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Mexico's lower house approves contentious oil legislation
April 15, 2021
Source: Energyworld

Mexico's lower house approves contentious oil legislation

MEXICO CITY: Mexico's lower house of Congress on Wednesday approved changes to existing legislation that could allow the government to revoke private oil companies' permits to import gasoline and other fuels.The initiative, part of President Andres Manuel Lopez Obrador's efforts to strengthen state influence over the energy market at the expense of private capital, passed with 292 votes in favor, 153 votes against and 11 abstentions.

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