Oil and gas contracts awarded under the Mexican government's energy reform will be respected by the incoming administration provided no problems emerge in a revision of the process, the man designated to run the finance ministry said on July 4.

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Leftist Andres Manuel Lopez Obrador won Sunday's vote by a landslide and Carlos Urzua, his choice for finance minister, said the contracts would be honored if everything was in order.

"If it looks good, on we go. It's a contract we have to respect," Urzua told Mexican television.

Urzua and other members of the Lopez Obrador team, including the pick for chief of staff, Alfonso Romo, have said they do not expect the process of revision to reveal problems.