International Bidding procedures of Petroleum in Mexico

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On November 24, 2010, the Board of Directors of Petróleos Mexicanos (PEMEX) issued the “Guidelines for the open international public bidding” that shall apply for all bidding procedures for substantive activities with productive character comprising the explorarion, exploitation, refininf, transportation, storage, distribution, and first-hand sales of oil and by-products obtained from its refining. The Guidelines provide a framework for the bidding procedures designed to foster integrity, fairness, transparency and promote efficiency and cometition.

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