Financial Times FT.com

Hopes fade for Mexico energy reforms

By Adam Thomson in Mexico City

Published: May 1 2008 21:56 | Last updated: May 1 2008 21:56

When Carlos Navarrete, leader of Mexico’s leftwing Democratic Revolution party (PRD) in the Senate, stood up in Congress at the end of last week and pronounced: “We won we won,” most of the country’s political analysts could only agree.

After a two-week occupation of the speaker’s platform, Mr Navarrete and his followers had just managed to negotiate a “national debate” on the government’s proposal to reform the ailing energy sector.

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