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Mexico & Nafta - October 2011 (ISSN 1741-444X)

What is Pemex up to with Repsol?

Petróleos Mexicanos, the state oil monopoly, argues that its alliance with a Spanish construction company, Sacyr, to vote as a majority shareholder bloc on the board of Repsol-YPF, a large Spanish-Argentine oil company, is part of its strategy to diversify and gain access to modern technology.

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