President Andrés Manuel López Obrador (AMLO) confirmed that the Decree to reduce Pemex’s fiscal burden is almost ready.
The government of Andres Manuel Lopez Obrador (AMLO) decided to indefinitely freeze Pemex farmouts and associations. The National Hydrocarbons Commission (CNH), said that the NOC had to make a decision about this issue soon, but Alfonso Romo, Chief of the Presidency Office, extended this term.
Signing several alliances and farmouts was one of the main Pemex strategies to solve its current crisis, but this alternative was frozen with the arrival of Andrés Manuel López Obrador (AMLO) to the presidency of Mexico. The National Hydrocarbons Commission (CNH), spoke about the future of the NOC farmouts.