Andrés Manuel López Obrador (AMLO), President of Mexico, has announced several measures to solve the Pemex crisis, but many of these have generated some concerns among experts in the sector. Gabriela Soni, Investment Manager of UBS Asesores, spoke about Pemex, the government aid effects and the new refinery project.
The government of Andres Manuel Lopez Obrador (AMLO) wants to significantly increase the production of oil and gas in Mexico. However, the president has rejected fracking and authorities are analyzing other possibilities.
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.
Alberto de la Fuente, President of the Mexican Association of Hydrocarbon Companies (Amexhi), spoke about how production could increase with the new refinery project in Dos Bocas (Tabasco).