Petroleum of Mexico

National

Mistaken decision of the industrial world when selling their oil infrastructure to the foreigner

Petroleum of Mexico

By: Carlos Damian                                         January 20, 2015

In 4 years, the first barrel taken place by matters: Pemex

Mexico. -   After the assignments of the blocks to be bid in round one so that the private companies participate in the exploration and production of raw, the first barrel of petroleum taken place by matters one will be able to see in four years, while that of deep waters will take among five seven years. He stood out that even with the current prices of raw Mexican (47 dollars for barrel), the oil business is attractive and profitable because the exploration cost and production of Pemex is located among the lowest, to the being of 7.91 and 14.91 dollars for barrel, respectively, against the international average of 41 dollars for barrel.  He even stood out with the current prices of the raw Mexican (47 dollars for barrel), the oil business is attractive and profitable because the exploration cost and production of Pemex is located among the lowest, to the being of 7.91 and 14.91 dollars for barrel, respectively, against the international average of 41 dollars for barrel.     Among the factors that influence in the extraction cost the locations they are not only counted (oil at superficial level or deep), it is also the geology: 1) stone type that should be perforated (hard, porous, permeable, etc.; and 2) type of raw that is extracted (slight, half, and heavy). In passed days, the financial group ‘You go for More’ it diffused the results of an extraordinary meeting with the representatives of Pemex, and of the information that they shared, and it highlighted the reflection on the way in that the recent and abrupt fall of the price of the petroleum (which will be reverted to medium term), opaque the great impact that the recently approved reformation energetic will have in the country to more term. In accordance with officials of Pemex: "With the reformation we finally will have access to technology, knowledge, experience that will be translated in production and growth that we had never had."    They remembered that after the strong fall in the production of Cantarell the annual drop in the production of Mexico has been some years ago, of one percent. Nevertheless, the drop in production of raw of December 2013 to November 2014 went near to 3.4 percent. It cleared up that the covering of prices of the petroleum for this year was carried out by the federal government and not for Pemex. "This means that Pemex will receive smaller revenues and in consequence it will reduce costs and expenses in consistency with the environment of the world oil industry". In the encounter with analysts was revealed that the production cost and the exploration cost and of development of Pemex it is of 7.91 and 14.91 dollars for barrel, respectively, that which is below the international average of 41 dollars for barrel, for what reaps being profitable in spite of the low current prices. From December 11, 2014 the bid bases were published for the first 14 areas in waters where oil at superficial level of the round one. The round previous, denominated zero consisted on assigning areas for Pemex that took the agreement projects, with its capacities, with object of to maintain the production level and to have exploratory projects that assure the organic growth to future.     The resolution for the award and failure of the first 14 areas of the round one has programmed for principles of the second semester of this year, toward July 17, 15 and it is expected that the first investments begin to arrive in 2016. After the meeting with the representatives of the Area of Relationship with investors of Pemex, the new international participants will have bigger interest in participating in the beat one arguing better conditions for under current price.  It is also considered that with the carried out investments, the first barrel that is extracted by the transnational outsiders will be able to take place in four years and that of deep waters among five seven years, in spite of the gift that the federal government gave them all the investigations, and explorations that it has more than enough petroleum has made Pemex.    The accusations against the eternal oil leader CRD   "The caciques of the sections 24, 15, 40 and others more than the oil union (STPRM, for their initials in Spanish) of Pemex; the president of the general advice of surveillance, Ricardo Aldana (RA); the general secretary of the union, Carlos Romero Deschamps (CRD) and partners and the leader's friends are those that control gas ducts and pipelines to the long and wide of the country, where they are secret takings of the gas, diesel, gasoline and others derived of petroleum". For it the investigations of the looting of petroleum and gasoline of Pemex should head to the executive committee of the STPRM, headed by Romero Deschamps (CRD), a writing is pointed out surrendered in the Presidency of the Republic by the Great Oil Alliance (GAP, for their initials in Spanish) and the Front National Oil tanker, integrated for dissident of this union. These organizations accuse in the document that “the leader and their sectional leaders of the country are involved in this illicit one, specifically in the robbery of fuels". In the document surrendered in the official residence of Los Pinos, and that it is also directed to the secretary of Government, Miguel Angel Osorio Chong, and executive of the Republic (PGR), Jesus Murillo Karam, they add that the logistics and operation of those robberies to Pemex, “they leave from the same directive table of the union and their local leaderships."     With these and other acts, “they have reviled to the usurped organization illegally the power and carrying out lootings, robbery of resources of this company, of the nation and of the patrimony of the workers, and they have built an emporium of political and economic interests", they point out. In the writing these groups of the union dissidence make a call to thoroughly investigate the oil leaders, mainly to CRD and RA, as well as the origin of their fortunes and the operations that carry out and that they have made them “prosperous merchants of the union representation, and of the organized delinquency, infiltrated in Pemex". it is necessary to point out that to GAP whose general coordinator is Jorge Fuentes Garcia, it points out that it has presented accusations before the PGR against the oil leader for diverse accusations, mainly for lootings, robbery of resources of Pemex and of the patrimony of the oil workers, and all the investigations “sleep long dream in this attorney's office of the federation”. Investigations have not been made, they have not corroborated the tests that are presented, and the processes are simply stopped, they indicated.               As long as the eternal leader of the union, Romero Deschamps “has built an emporium of political and economic interests that they have surpassed the frontiers of the country", it points out in the letter surrendered to presidency. "The current events of the attacks in the refineries were probably provoked” to deviate to attention of the millionaire robberies of fuels, of which “are participant", some of the oil leaders, as well as of the shameless robbery in secret takings, oleo ducts and gas duct of the whole country, mainly in towns like Salamanca, Celaya and Guanajuato State, they indicate the organizations of dissident in the document. They add that “the leaders feel untouchable for the abuse of the power that it gives them the money". They also remember that they add already hundred of missing workers unavoidably, of which their whereabouts is ignored, as the cases of the Burgos’ basin, Nuevo Leon, Puebla Hidalgo, Mexico State and until of the Federal District,  in those that there have not been efficient investigations and it has worn mourning to dozens of homes of the oil workers, without there is a good explanation of what has passed with their relatives. With the result that if this government's goal is to strengthen Pemex, it should begin cleaning all the dirt that soak to the leadership, demanded. (La Jornada, politica, p.p. 2-17, January 21, 2015).