Pemex: ¿La no empresa de todos los mexicanos?
Although there exist the conditions and reasons to let Pemex become a trully state owned, commercialy oriented, oil company, in reality Pemex does not behave as such, due to the limitations posed by its legal framework. Such legal framework poses severe limitations to Pemex’s capacity in making the decisions which would enable it to perform in its fullest commercial potential. Pemex’s transformation into a true publicly owned company does not require it to abandon its structure of public law to adopt one of private law. Finally, it is impossible to conceive Pemex’s transformation into a true company without the accord of all of Mexico’s political actors involved in the decision making process.
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