(Energy Analytics Institute, 28.Nov.2024) — Petróleos Mexicanos (Pemex), in response to local media reports, said it is not “freezing” contracts with service providers.
Pemex said 28 Nov. 2024 in an official statement that its subsidiary Pemex Exploration and Production (PEP) had requested “a temporary suspension of publication processes related to contracting and agreements modifying contracts that have not complied with their formalization cycle, while the phase of analysis of operational and budgetary efficiencies is concluded, which is estimated to end before the end of the year.”
Pemex aims to align the 2025 economic package, delivered to the Congress of the Union on 15 Nov. 2024, with the 2025 operational program, which aims to help Pemex achieve certain operational and budgetary efficiencies without compromising any continuity in its operations next year, Pemex said in the statement.
“For Pemex, it is of utmost importance to continue with those processes that by their nature represent operational continuity and impact the business. In the near future, the priority needs to be aligned with the conditions of the 2025 operational program,” Pemex said.
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