PEMEX APPROVED AMENDMENTS OF THE ORGANIZATIONAL BY LAWS

Dear Friends & Clients

 

Please be advised that on April 16, 2014, PEMEX published in the Official Gazette of the Federation, the Decree whereby the Board of Directors of PEMEX “Petroleos Mexicanos” approved the amendments of the Organizational Bylaws of Petroleos Mexicanos (Acuerdo mediante el cual el Consejo de Administración de Petróleos Mexicanos aprobó las modificaciones al Estatuto Orgánico de Petróleos Mexicanos).

 

The Board of Directors of PEMEX Petróleos Mexicanos amended its Organizational Bylaws to include the Division of Strategic Safeguarding the authority to prevent acts of terrorism and sabotage. As well as to coordinate services among all PEMEX facilities, including the four subsidiaries and affiliates. From this Division the Strategy Management and Security and Monitoring Systems, the Management Physical Security and the Management of Safeguarding of Interagency Liaison and Logistics.

The provisions of the abovementioned amendments are effective as of April 17, 2014.  

 

For further reference please go to http://dof.gob.mx/nota_detalle.php?codigo=5341068&fecha=16/04/2014  to view the Spanish version of said provisions.

If you have any question and/or comments regarding the above mentioned, please feel free to contact us.

Sincerely,

Ernesto Velarde Danache, Inc.

Mexican & International Lawyers

1650 Paredes Line Road, Suite 101

Brownsville, Texas 78521

Tel:  (956) 548-9098

Fax: (956) 548-1656

www.velardedanache.com