Videgaray Says Oil Bill on Track for Mexican Congress in First Half

Bloomberg reported that Mexican Finance Minister Luis Videgaray said a bill that will break the monopoly of state-owned Petroleos is on track to be presented to congress in the first six months of 2013.

As quoted in the market news:

The energy reform is envisaged for this year, 2013, particularly for the first months, for the first half of the year,” Videgaray said in an interview at the World Economic Forum’s annual meeting in Davos, Switzerland. “It’s something that we’re working on right now, not only the technical aspects, but also achieving political agreement.

Click here to read the full Bloomberg report.