The Constitutionality of the MSC Compensation Scheme: Arguments for and Against
Article from: OGEL 1 (2005), in Production Sharing Contracts
Introduction
Since first appearing on Mexico's oil & gas landscape in 2002, the Multiple Service Contracts (MSCs) have provoked considerable discussion among legal and political commentators. The contracts have also been successful in grabbing the attention-albeit not necessarily the interest-of the international oil & gas community. This is no surprise, considering Mexico is the world's fourth largest exporter of crude oil and has significant underdeveloped dry natural gas resources, particularly in the Burgos Basin of northeast Mexico. The Legal Debate The legality of the MSCs ...