Offshore Technology Conference 2014

HOUSTON: OTC 2014 — At a $50 breakfast this morning, PEP’s Acting Director, Gustavo Hernandez, informed an industry audience of 350 that considerations of national security would require that some technical data should remain with Pemex.

Such an argument could represent the camel’s nose under the tent on the upstream energy reform.

One slide had the term Data Bunker, suggestive of a military fortification.

So far as we know, the energy legislation provides no role for Pemex in relation to “national security”; if so, Pemex’s argument is a challenge—not to say “threat”—to the CNH.

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Written by

George Baker

Baker & Associates offers niche-market business and policy intelligence related to Mexico's oil and gas, power and chemical industries. Over 1,000 reports have been issued in the last 20 years. Subject matter expert and publisher George Baker, who directs the firm, has carried out consulting assignments starting in the late 1970s at the height of the Oil Boom in Mexico. He brings bilingual and bicultural skill-sets to understanding and responding to challenges of business and public policy, coupled with a deep familiarity with the history and idiosyncrasies of the Mexican operating environment.