Okay, here’s a breakdown of the key changes introduced by the Regulation of the Hydrocarbons Sector Law, as outlined in the provided text. I’ll summarize each point:
* Dispatch for Self-Supply: A new permit is required for companies refining products for their own use. Crucially, permit holders cannot sell or invoice third parties for these refined products – it’s strictly for internal consumption.
* Transportation and Storage of Petrochemicals: Permits are now required for all petrochemical transportation (not just pipelines) and storage,expanding the previous requirements which were tied to pipeline systems.
* Regulation of Prices & Tariffs: the CNE (Comisión Nacional de Hidrocarburos – National Hydrocarbons Commission) can now regulate prices and tariffs in the hydrocarbons sector to protect consumers and the public, while still ensuring permit holders can cover costs and make a reasonable profit.
* Traceability: Permit holders must use digital tools and systems to report data and allow monitoring of hydrocarbon movements.They also need to implement controls to prevent and detect criminal activity related to hydrocarbons.
* Electronic Information-Reporting Platform: SENER (secretaría de Energía – Ministry of Energy) and the CNE will establish a platform for permit holders to report commercial transactions (volumes, qualities, prices) to track hydrocarbon flows and market trends.
In essence, these changes aim to increase oversight, control, and transparency within the Mexican hydrocarbons sector. They focus on preventing unauthorized sales, expanding permitting requirements, regulating pricing, and improving the ability to track hydrocarbons throughout the supply chain.
Let me know if you’d like me to elaborate on any specific point or analyze the potential implications of these changes!
