Mexico Finance Chief Pledges Pemex Aid, No New Oil Law
- Mexico to keep up support for Pemex, new finance minister says
- A little late to change oil laws, says Rogelio Ramirez de la O
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Mexico’s new Finance Minister Rogelio Ramirez de la O said he will continue support for state oil giant Petroleos Mexicanos, but that it would be a little late to change the country’s oil laws.
“The government is in full position to keep supporting Pemex,” Ramirez de la O said at a Moody’s event Thursday. But the government will also “get closer to Pemex to give them more feedback for things that are necessary to do and necessary to reorder, and we’re working on that.”