Pemex notified of unpaid millions in crude oil and gas sales: Reuters

Mexican Hokchi Energy notified oil company Pemex on the initiation of dispute resolution procedures under contracts between both companies in connection with non-payment about $190 million for the sale of crude oil and gas to the state-owned giant, two sources familiar with the matter said Tuesday. Reuters.

Khokchi’s claim against Pemex was originally reported by the news portal Latinuswhich published a letter from Pemex CEO Octavio Romero addressed to Finance Minister Rogelio Ramirez de la O, about Hokchi’s decision and request for a meeting.

One of the sources said the decision was made after “some time” “Letters and messages” were sent to Pemex in search of a solution to the problem of non-payments by state-owned companies.

The source added that The amount of debt is indicated as of September 12. and Hokchi aims to solve the problem as they also have to pay their suppliers.

Both the Treasury Department, Hokchi and Pemex declined to comment.

Hokchi Energy is the operator of the Hokchi block in the waters of the Gulf of Mexico. has 55% participation, while Wintershall Dea owns 37% and AEI Hidrocarburos 8%. (Reuters)

Source: Aristegui Noticias