The Mexican government's amendments to contractual terms will encourage international investment into the country's emerging oil and gas sector. Mexico's shallow water offerings remain highly prospective, supporting our positive production growth outlook.
Mexico's ruling Partido Revolucionario Institucional will remain the dominant party after the June 7 midterm elections. However, policymaking will become more fragmented in the next few years as the main opposition parties seek to regain popular support ahead of the 2018 presidential race.
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