World
  |
|
IMEF seeks to strengthen Pemex
El Financiero en línea
Mexico City
Petroleumworld.com 04 11 07
The Mexican Executive Finance Committee (IMEF) suggested Monday that a Corporate Government should be implemented in order to strengthen the finances and business profile of the nation's sickly state-owned oil giant, Petroleos Mexicanos (Pemex).In an analysis of the troubled petroleum company published Monday, the IMEF also said Pemex sorely needed strategic alliances with specialized contractors and suppliers.
The report said: "A strategic vision and the implementation of a Corporate Government are necessary to visualize Pemex as an energy sector company and not just a producer and exporter of crude oil and gas."
"Authorities need to think deeply about the vulnerability of Pemex's revenues and work hard toward preventing a further deterioration of the state-owned petroleum company," the IMEF said. (Information provided by Finsat/GCE)
El Financiero 10 04 07Copyright© 2007 El Financiero. All Rights Reserved.
Your
feedback is important to us!
We invite all our readers to share with us
their views and comments about this article.
Write to editor@petroleumworld.com
Any
question or suggestions, please write to:
editor@petroleumworld.com
Best
Viewed with IE
5.01+
Windows
NT 4.0, '95, '98 and ME +/ 800x600 pixels