Home NewsPeninsulaCampeche López Obrador celebrates Carlos Slim’s investment in oil extraction

López Obrador celebrates Carlos Slim’s investment in oil extraction

by Yucatan Times
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President Andrés Manuel López Obrador reported that Carso, by Carlos Slim< at i=4>, acquired for 530 million dollars the shares of a contract awarded to Grupo Bal, to extract oil from the Campeche probe.

Obrador announced on his Morning Press Conference that Carlos Slim’s Carso acquired the shares of a contract awarded to Grupo Bal.

“Yesterday I was informed by the new president of the Bal Group, Alejandro Bailleres, and Carlos Slim, from the Carso group, that they reached an agreement and Carso is now acquiring the shares of PetroBal for 530 million dollars, which is 50 percent.

AMLO

“Why do I celebrate it, even though it is one of those contracts that were created with the energy reform? Because it is in the hands of Mexicans and I am sure that they will invest to extract crude oil, that is, I consider, good news, that they are going to invest in this block to extract oil,”

added President López Obrador.

Carso acquired the entire stake of PetroBal in the Ichalkil–Pokoch oil fields< /span>, on the coast of Campeche.

Obrador insisted that he prefers that investments in the sector be from Mexican businessmen over foreign companies because with them Self-sufficiency is guaranteed in the sector, in addition to taxes from extraction and refining going directly to the Mexican treasury.

TYT Newsroom

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