Steven Otillar and Eduardo Canales Author Article on Master Limited Partnerships in Mexico
Contact:
Steven Otillar and Eduardo Canales, partner and associate, respectively, in the oil and gas practice at Akin Gump, have written the article “Master Limited Partnerships South of the Border: A New Financing Scheme to Fuel Mexico’s Energy Infrastructure,” which was published in the April/May issue of Mexico Energy and Business.
The article examines the potential for Mexico to utilize the master limited partnership (MLP) model domestically to try to incentivize midstream investment. Among other things, Otillar and Canales note that MLPs offer tax efficiencies not seen with Mexico’s current domestic financing sources, while also offering greater flexibility in permitting access to debt and capital markets for financing needs.
Mexico’s energy market has undergone a dramatic shift in the past couple years amid constitutional changes that effectively ended a monopoly held by Pemex, the state-owned oil company. Otillar has been quoted in the media often on this issue, including in an interview in September 2014 with Metropolitan Corporate Counsel which can be found here.
Please click here to read the full article.
