Mexican president says will not let US group ‘keep watch’ over energy reform By Reuters

MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador on Friday said he rejected a proposal from US climate envoy John Kerry for a US group to monitor efforts around a contentious energy bill, and chided what he described as a bid to “keep watch “over Mexico.

Lopez Obrador met the day before with Kerry, US Ambassador Ken Salazar and US energy sector executives amid a dispute over the country’s efforts to change its energy laws. Lopez Obrador has championed the bill, which would give more market power to state-run energy companies.

“There was a suggestion to maintain communication on the subject and for a group to participate … We did not accept,” Lopez Obrador told a regular news conference.

“There’s a big difference between listening, talking … to imposing a group to keep watch over us,” he added.

On Thursday, Kerry said he presented proposals for reaching consensus on the reform, and that a team in Mexico led by Salazar would work with the White House and his office to help with the effort.

Lopez Obrador also told Friday’s news conference that the government will respect fuel import permits for five foreign companies, including Exxon Mobil Corp (NYSE :), Valero Energy Corp (NYSE :), Koch Industries, Shell (LON 🙂 Plc and Tesoro, which was acquired by Marathon Petroleum Corp (NYSE :).