mexicos pemex delays 36bn in investments
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Mexico's Pemex delays $3.6bn in investments

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Arab Today, arab today Mexico's Pemex delays $3.6bn in investments

Mexico economy
Mexico City - Arab Today

Mexico's struggling state-run energy firm Pemex unveiled on Monday plans to postpone $3.6 billion in investments as part of government-mandated budget cuts in the face of falling global crude prices.

Pemex director general Jose Antonio Gonzalez Anaya said the plan, part of a total of $5.5 billion in cuts, seeks to avoid a further drop in crude production.


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