2021 . Moreover , PPI ’ s Board of Directors approved it . With this aim , Escobedo works on carrying out the transition into becoming the exclusive international buyer of PEMEX and its EPSs to make an incursion into the Mexican energy sector , looking to form new partnerships and increasing the portfolio of clients : “ We would all win that way – PEMEX would win as well as the new potential clients because this would help us to consolidate volumes and get better discounts . PPI would also win because it would have a greater operative level and additional sources of revenue , which would have a positive impact on PEMEX given the cost of the services provided by PPI would be reduced .”

The second aspect Escobedo is working on to reinforce this PEMEX subsidiary company is to improve the efficiency and the quality of customer service . In that sense , on the one hand , what has been done so far is to develop more contractual partnerships with different suppliers in the industry of Oil & Gas that support strategic activities for PEMEX ’ s operation . “ When I arrived , we had around 50 contractual partnerships . Today , we have close to 100 . These contracts allow us to have terms , conditions , and pre-established services with the suppliers ” – amongst which there are leading international suppliers of well drilling , manufacturers of original equipment ( turbomachines ), as well as the main companies developing technology for the exploration of oil fields , just to mention a few – “ and obviously , we want to create a procurement and supply process that is much faster and efficient while always ensuring the

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— Salvador Escobedo , CEO , PEMEX Procurement International

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