ISSUES....
Inside,
confidential, off the record
No,
but yes
Mexico's
foreign investment in the oil industry might have the support
of the opposition party, Mexico's Institutional Revolutionary
Party (PRI). While the PRI is pushing to limit foreign or private
investment in the state oil monopoly PEMEX, is
willing to accept that Pemex needs alliances with
foreign companies to prevent U.S.-based producers from depleting
fields that straddle the border before Mexico can get to them to
offshore fields near the U.S. border, PRI senator Francisco
Labastida said Thursday. While the PRI seeks limits on outside
oil help, they would agree on Brazil's Petrobras and Norway's
StatoilHydro would be suitable partners, to help PEMEX.
Petroleumworld
News 02/21/08
ISSUES....
Is
an independent journalist effort from Petroleumworld, on Inside,
Confidential
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