July 28, 2014
Revised on July 30, 2014
Mexico City, 25 July 2014 - Japan Oil, Gas and Metals National Corporation (JOGMEC), Petróleos Mexicanos (PEMEX), and its subsidiaries signed a Memorandum of Understanding (MOU) for bilateral technical cooperation between them.
The MOU was signed by Mr. Emilio Lozoya Austin, CEO of PEMEX, and Mr. Hirobumi Kawano, the President of JOGMEC, in the presence of H. E. Mr. Enrique Peña Nieto, President of Mexico, and H.E. Mr. Shinzo Abe, Prime Minister of Japan.
The MOU covers several areas including the followings;
Signing Ceremony of MOU
(back, from left) Mr. Shinzo Abe, Prime Minister of Japan, Mr. Enrique Peña Nieto, President of Mexico
(front, from left) Mr. Hirobumi Kawano, the President of JOGMEC, Mr. Emilio Lozoya Austin, CEO of PEMEX
In December 2013, constitutional amendments to reform the energy sector were published in Mexico. It is expected to open up the market for foreign private companies to bid on oil and gas fields.
The MOU would strengthen relationships between Mexico and Japanese companies including JOGMEC and contribute to promote Japanese companies’ entry into oil and gas businesses in Mexico.
Oil and Gas Upstream Business Unit Business Strategy Department FAX:+81-3-6758-8052
Public Relation Division General Coordination Department FAX:+81-3-6758-8008