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Mexican Congress approves controversial oil and gas bill | |
(about 1 hour later) | |
The Mexican Congress has approved controversial legislation that opens the state-controlled oil sector to foreign investment. | |
The new energy law allows private oil and gas companies to drill for oil and gas with the state-run firm Pemex in exchange for a share of the profits. | |
It has been approved by the Chamber of Deputies a day after being passed by the upper house, the Senate. | |
Opposition lawmakers protested vigorously against the bill. | |
They said the new legislation would damage the national interests of Mexico. | |
The were scuffles during the long debate in the lower house of the Mexican Congress. | |
Landy Berzunza of the governing PRI party was taken to hospital with a scratched retina after an altercation with opposition MP Karen Quiroga. | Landy Berzunza of the governing PRI party was taken to hospital with a scratched retina after an altercation with opposition MP Karen Quiroga. |
Another opposition MP, Antonio Garcia Conejo, stripped down to his underwear to show his rejection of the bill. | Another opposition MP, Antonio Garcia Conejo, stripped down to his underwear to show his rejection of the bill. |
President Enrique Pena Nieto says private investment is needed to modernise the energy sector and boost falling oil production. | |
Historic bill | Historic bill |
Private firms will be allowed for the first time since 1938, when the sector was nationalised, to explore and extract oil and gas with state-run firm Pemex - and take a share of the profits. | |
The Chamber of Deputies voted 354 to 134 to give general approval to the bill. | |
Throughout the debate, members of the opposition Democratic Revolution Party (PRD) tried to disrupt the proceedings to prevent the passage of the bill. | Throughout the debate, members of the opposition Democratic Revolution Party (PRD) tried to disrupt the proceedings to prevent the passage of the bill. |
Some occupied the podium in the main chamber. | Some occupied the podium in the main chamber. |
Others barricaded the chamber's entrances to prevent MPs from the PRI, PAN and Nueva Alianza parties, who backed the reform, from entering. | |
The debate was eventually moved to an alternative venue, where it got even more heated. | The debate was eventually moved to an alternative venue, where it got even more heated. |
'Ruffians' | 'Ruffians' |
Left-wing lawmaker Ricardo Monreal took to the podium with a thermos can, saying it was a time capsule in which he would put the names of the "traitors of the fatherland" who had voted for the reform bill. | Left-wing lawmaker Ricardo Monreal took to the podium with a thermos can, saying it was a time capsule in which he would put the names of the "traitors of the fatherland" who had voted for the reform bill. |
Mr Garcia Conejo of the PRD, while taking his jacket, tie and shirt off, said the governing party was robbing Mexico of its assets. | Mr Garcia Conejo of the PRD, while taking his jacket, tie and shirt off, said the governing party was robbing Mexico of its assets. |
"This is how you're stripping the nation. Where is the benefit? I'm not ashamed, what you're doing is a shame!" he said as he dropped his trousers and removed his socks. | "This is how you're stripping the nation. Where is the benefit? I'm not ashamed, what you're doing is a shame!" he said as he dropped his trousers and removed his socks. |
Shouts of "ruffians" and "traitors" could be heard throughout the debate, while some MPs made obscene gestures at others who had interrupted them. | Shouts of "ruffians" and "traitors" could be heard throughout the debate, while some MPs made obscene gestures at others who had interrupted them. |
Members of the governing PRI party said the bill was crucial to drive Mexico's economy forward and to better exploit Mexico's oil riches. | Members of the governing PRI party said the bill was crucial to drive Mexico's economy forward and to better exploit Mexico's oil riches. |
Oil production in Mexico has dropped from 3.4 million barrels per day in 2004 to the current rate of 2.5 million barrels per day. | Oil production in Mexico has dropped from 3.4 million barrels per day in 2004 to the current rate of 2.5 million barrels per day. |
The bill is a key part of President Enrique Pena Nieto's drive to reform the Mexican economy. | The bill is a key part of President Enrique Pena Nieto's drive to reform the Mexican economy. |
The bill still needs to be approved by 17 of Mexico's 32 federal entities - the District Federal and 31 states. |