As if the NOC did not have enough problems, authorities recently reported that what they catalogued as “physical investment” was drastically reduced this year.
The government of Andrés Manuel López Obrador (AMLO) has shown his optimism about Pemex’s future, thanks to the assistance announced in recent months. However, experts and entities do not share his optimism. The Bank of Mexico (Banxico) spoke about the NOC’s situation and its effects on the Mexican economy.
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.
Head of the presidential Office, Alfonso Romo, spoke about the NOC’s situation and the efforts by the administration of Andrés Manuel López Obrador (AMLO) to ‘rescue’ the firm.
The construction of three important gas infrastructure projects is currently stopped due to social conflict, the Energy Regulatory Commission (CRE) said.
Mexico’s confederation of industry associations (Concamin) spoke about the decisions of the National Center for Control of Natural Gas (Cenegas) about the availability of this fuel in the south of the country.
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