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Mexico informs U.S. that it will respect fuel import permits to oil companies

Mexico City, Mexico — The Mexican government has informed the United States that it will respect the fuel import permits of oil companies Exxon, Valero, Koch, Shell and Tesoro (Marathon).

On Friday, President López Obrador said that fuel import permits for foreign companies will be respected. He made the statement a day after a meeting with U.S.  special presidential envoy for climate, John Kerry.

President Andrés Manuel López Obrador met with John Kerry and businessmen from the neighboring country in a visit marked by the concern of U.S. authorities and companies regarding the legal reforms promoted by AMLO’s government in the field of energy.

“The import permits that were delivered to five oil companies to introduce fuel under conditions of fair prices and legality will be respected,” said the president during the Friday morning press conference at the National Palace.

The president affirmed that his administration has respected the contracts of private and foreign companies for the extraction of oil and gas in Mexico.

After their five hour meeting Thursday, Kerry reported that the López Obrador government will integrate a team that will work in Mexico, headed by Ambassador Ken Salazar “to ensure that what comes out” of the electricity reform in budding “reflect the best way forward”.

Kerry also said that Mexico and the United States agree on the need for a transformation towards clean energy.

“President López Obrador agreed with President Biden that this is important for our two countries and expressed his vision, shared by President Biden, of an integration between the United States, Canada and Mexico, of unity in terms of our efforts around the climate, but also around larger economic issues. López Obrador agreed that we must work on this,” Kerry said adding “we still have some concerns and we hope that they can be addressed in the coming days.”