Fossil Fuel Expert Roundtable: Reforming Mexico's Energy Sector Amid Low Oil Prices
Juan Pablo Newman Aguilar, Corporate Director of Finance (CFO), Petróleos Mexicanos (PEMEX)
Mexico is not as oil dependent as it once was, but oil price volatility, together with a naturally decreasing rate of oil production, has a strong impact on its public finances. The reforms of 2013 aimed to improve the oil sector’s productivity through stabilizing and increasing production, and is especially important, since fuel demand in the country continues to grow. Last November, PEMEX launched further reform measures which have led to farm-outs, joint-ventures, divestment of non-strategic assets, and many other strategic decisions. This fossil fuel expert roundtable discussion, with PEMEX Corporate Director of Finance Juan Pablo Newman Aguilar, will discuss how these reforms have been carried out in the low-price environment.
Attendance at this event is by invitation only.