Chapter

The Scope and Limitations of the Principle of National Property of Hydrocarbons in Mexico

Jose Juan Gonzalez

in Property and the Law in Energy and Natural Resources

Published in print February 2010 | ISBN: 9780199579853
Published online May 2010 | e-ISBN: 9780191722745 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199579853.003.0011
 							The Scope and Limitations of the Principle of National Property of Hydrocarbons in Mexico

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This chapter analyses the scope and limitations of the principle of national property over natural resources of the subsoil established by Art 27 of the Mexican Constitution. It discusses the difference between state and national property from a comparative perspective. In addition, it describes the evolution of the constitutional and legal framework regarding the role private investment has played in the public monopoly of oil exploration and exploitation. From this analysis, the chapter proposes the adoption of a new approach to make effective the principle of national sovereignty over oil resources without excluding the possibility of private investment participating in oil exploration and exploitation.

Keywords: national property; Mexican Constitution; petroleum resources; property rights; oil exploration; national sovereignty; private investment

Chapter.  4103 words. 

Subjects: Public International Law

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