Overview
- Sener issued a statement rejecting claims that the state can expropriate energy plants, stressing any intervention is temporary and does not transfer ownership.
- The regulation published on October 3 authorizes Sener and the National Energy Commission to assume temporary control of hydrocarbon operations in exceptional circumstances defined as public-utility needs.
- Triggers include war, natural disaster, grave public-order disruption, or threats to national, energy or economic security under Article 309.
- Measures are capped at 36 months, require a documented technical and legal basis with identified assets and continuity plans, and must provide market-value compensation and proven damages under the Expropriation Law.
- When a permittee’s noncompliance endangers supply, authorities may order a three-year operational intervention, while specialists warn of investor uncertainty and Reforma reports oversight shifting from the CRE to the Executive.