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PEMEX Starts Operating in Panama
Mexican Oil (PEMEX) began
operating in Panama to
distribute and supply oil to the
ships passing across the Panama
canal, official sources reported
on Tuesday.
The Mexican enterprise was
accredited as user of the Oil
Free Zone after signing a
contract with the Atlantic
Pacific tank operator.
For Wolfram Gonzalez,
Hydrocarbon Director of the
Trade and Industry Ministry, the
arrival of such a big company
like PEMEX is the result of the
Panamanian authorities´ work to
increase the competence.
Gonzalez said that other 25
signatures have the user-A
status which allows them to
import and distribute oil in
that free zone.
Nearly 20 percent of the ships
traveling through this sea route
are supplied with oil in Panama,
according to official data.
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