Sat, Dec 20, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Market

Mexico eyes end to oil hedge when wealth fund takes off

Posted on 08 May 2014

Mexico may abandon one of the world’s largest oil hedging programs as a new petroleum wealth fund gradually fills up with revenues from the opening of its energy sector, a deputy finance ministry official said on Wednesday.
The energy reform, approved late last year, is the cornerstone of President Enrique Pena Nieto’s plan to boost economic growth by attracting private investment to the oil and gas industry, dominated by ailing state-owned oil company Pemex……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15428 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031