The NOC has had difficult years recently as it has had to face several budget cuts, a production decrease and financial problems. José Antonio González Anaya talked about the company’s performance and prospects.
The country is facing a difficult situation in the hydrocarbons sector. The government created reforms to overcome this, but there is still a lot to be done. The Mexican Association of Hydrocarbons Companies (Amexhi) referred to the issue.
The country is analyzing different markets to diversify its oil exports. The instability of its commercial relations with the United States and the production increase inthat country, have forced a strategy of markets diversification.