Mexico examines cancelling Braskem contract

Mexico examines cancelling Braskem contract

Politics Regulation Energy Economy & Policy Mexico Brazil US

Mexican President Andrés Manuel López Obrador said on Wednesday that the government could cancel an ethane supply contract that the state-owned oil company Pemex has with the polyethylene producer Braskem Idesa. "It is being reviewed to see if the contract can be cancelled, if it is legally possible to do so," López Obrador, commonly known as AMLO, said during a morning press conference. "Yes, there is an investigation into the matter, but I insist that the most important thing is that these thi

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