Mexican businessmen describe the strengthening of Pemex as transcendental



Businessmen from Mexico described the strengthening of the state-owned company Petróleos Mexicanos (Pemex) currently being carried out by the Government of President Andrés Manuel López Obrador as transcendental.

"For us, the strengthening of Pemex is transcendental," said Merlin Cochran, director of the Mexican Association of Hydrocarbons Companies (AMEXHI), in the "Forum Tabasco 2025: A Look into the Future" organized by the Mexican newspaper El Heraldo de Tabasco in the framework of the fifteenth anniversary of its foundation.

The Government of Mexico has earmarked large investments to help Pemex reduce its debt of about 106,000 million dollars, and has started the rehabilitation of six refineries and the construction of a new one in the state of Tabasco, in the south of the country .

The Herald of Tabasco convened this forum in the framework of the XV anniversary of its foundation, on September 29, 2004, as part of the Mexican Editorial Organization (OEM), a conglomerate of 50 newspapers distributed in Mexico, 43 websites, 24 radio stations and a television station.

The OEM is making a great editorial commitment, aware that Tabasco will play an important role in this period of government, said its corporate vice president, Francisco Torres Vázquez, during the opening of the forum in Villahermosa, capital of the state.

In his participation, Cochrán indicated that governments change every six years in Mexico and all have different ways of projecting Pemex, to celebrate the speed with which the current administration activated contracts that have allowed generating jobs.

"I have seen that this administration is seeing that they want to work, it is the truth," said the expert to highlight the management of the current director of Pemex, Octavio Romero.

The director of Planning and Business Development of Grupo R, Raschid Mohamed, called to invest in Mexican universities to train professionals in careers related to the energy sector.

"It is important to encourage students in universities, in careers related to the energy sector, so that they have students trained to occupy first-level positions and the Mexican workforce is privileged," he said.

For his part, the president of the Latin American Association of Oil and Gas (LAOGA), Raymundo Plata, said that in energy matters Mexico is a paradise that begins in Tabasco

Regarding the relationship between Pemex and the Mexican Government with the risk rating agencies, which have lowered their notes by not agreeing with the financial decisions of the López Obrador Executive, Plata described it as fundamental.

"It has to be taken seriously and professionally," said Plata, noting that Mexico now has a secretary (minister) of the Treasury who understands things and is taking action on the matter and "crossing his fingers so that things go better. "

In addition to Torres Vázquez, Francisco Torres Cano, General Director of Sales and Studies Tepeyac participated in the forum; Martha Ramos Sosa, editorial general director, and Georgina Moret, director of El Heraldo de Tabasco.

. (tagsToTranslate) Mexican (t) transcendental (t) strengthening (t) Pemex entrepreneurs



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