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Weekly Report - 24 April 2014 (WR-14-16)
MEXICO: Pemex presents vision of the future
Mexico’s state-owned oil firm, Petróleos Mexicanos (Pemex), opened the 2014 edition of its Expo Foro Pemex energy sector conference on 22 April, promising to present its vision of the sector’s future in the face of the energy reform driven by the government of President Enrique Peña. This is the second year that Pemex has organised the Expo Foro, which it describes as a “forum designed to bring together those responsible for Pemex’s development and representatives from national and foreign firms […] to facilitate [the sector’s] integration”. But given that last year congress approved a reform allowing for increased private participation in the state-controlled energy sector, and that its implementation is imminent pending the approval of accompanying secondary legislation, the level of interest in this year’s conference (which concludes on 24 April) is much higher.
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