(Bloomberg) — Mexicos Finance Ministry expects Petroleos Mexicanos to pay debt coming due in the first quarter without government help, according to people with knowledge of the situation.
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After providing the oil company with financial support in recent years, the Finance Ministry now wants Pemex to foot the bill itself unless it doesnt have enough cash to do so by the end of the quarter, one of the people said. They all asked for anonymity because the discussions between Pemex and the government arent public and the situation could change.
The talks are taking place after Pemex Chief Executive Officer Octavio Romero said in December that the government of President Andres Manuel Lopez Obrador could resume it…
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