PEMEX Investor Presentation
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PEMEX Current Legal Framework
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Constitution
According to Art. 27, it is within the Nation's domain
to exploit all national resources:
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crude oil; and
all solid, liquid or gas hydrocarbons.
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Regulatory Law
According to Art. 4, the Nation will conduct through
Petróleos Mexicanos and its Subsidiary Entities:
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the exploration and explotation of crude oil;
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all other activities related to the oil industry
that are considered strategic.
2008 Energy Reform
Strengthen PEMEX and establish a more efficient development of the hydrocarbon potential in Mexico.
Strengthen execution capacity through:
Better corporate governance practices:
Four professional memebers
Executive committees
New contracting schemes:
Integrated E&P Contracts
Call for bids and award contracting without bidding
Increased financial flexibilty through:
Decrease of the fiscal burden, by a gradual increase in budget-allocation autonomy
➤ Accountability
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C-0022, Pemex Investor Presentation (Sept. 2012)View entire presentation