Nahle, one of the staunchest defenders of President Andres Manuel Lopez Obrador’s drive for a more statist energy policy, oversaw the suspension of pending farmouts with the company known as Pemex earlier in the two-year-old administration.
However, Pemex remains deeply in debt and Nahle said Pemex would ultimately have to decide whether it wanted to pursue partnerships with other companies to boost its funding. “And if Pemex needs it and presents an adequate business plan we wouldn’t have a problem,” Nahle told a Senate hearing. “I’m the president of the board of directors, and of course we would approve it for a feasible project.”Reporting by Ana Isabel Martinez; Editing by Sandra Maler
Big mexican energy here ngl.
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