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Mexico & Nafta - September 2019

Pemex business plan met with scepticism

The 2019 business plan for Petróleos Mexicanos (Pemex), the state-owned petroleum company, aimed at resolving the ongoing financial problems that have made it the world’s most indebted oil company, was announced on 16 July. It was presented by Director General Octavio Romero Oropeza at a press conference as a means of bringing Pemex back from the brink by focusing on the reasons behind the falling productivity of the company.

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