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Foreign company to operate Mexico oil pipeline
Prensa Latina
Mexico
Petroleumworld.com 09 19 07
The handing over of the Mexican Oil Pipeline (PEMEX) network to a foreign private enterprise is closer today and depending on when that right will be granted this year.An international public tender, launched last May, established a genreral contract to last up to a decade with renewal options and possibly at a total of one billion dollars.
The winner of the bid will operate, maintain and manage hydrocarbon conductors through four states first developing the strategic network between Tabasco, Chiapas and Veracruz.
According to La Jornada newspaper, the victorious company could sub contract entire non-central services that will enable them to replace PEMEX's specialized staff.
Academicians, legal consultants and ex workers of this sector members of the National Energy Committee considered the project illegal, unconstitutional and directed to privatize the so-called PEMEX's veins.
On March 18, 1938 President Lazaro Cardenas at that time, declared expropriation of the industry after a conflict between foreign enterprises owners of Mexican Oil and the workers at that time.
PL 18 09 07
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