Page 11 - LatAmOil Week 29 2020
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LatAmOil                                         MEXICO                                            LatAmOil



       Former Pemex boss extradited




       from Spain on corruption charges






                         EMILIO Lozoya, the former head of Mexi-  a lot to help purify public life, to clean up cor-
                         co’s state oil and gas major Pemex, has been   ruption,” he was quoted as saying at a news
                         extradited from Spain to face allegations of   conference.
                         corruption related to bribery at a Brazilian con-  Odebrecht, Latin America’s largest engi-
                         struction firm.                      neering conglomerate, has admitted to having
                           Mexican authorities say Lozoya has been   used bribery schemes in 12 countries. The firm’s
                         accused of taking $10mn in bribes from Bra-  activities have been linked to the investigation
                         zil’s Odebrecht, according to a BBC report. The   known as “Operation Car Wash,” which has
                         former energy boss has denied any wrongdoing   gone down in history as Brazil’s worst-ever cor-
                         and has said he will co-operate with the police   ruption scandal.
                         enquiry. He will now face charges in Mexico.  The Brazilian government launched a probe
                           Lozoya served as CEO of Petrobras between   into the scandal in 2014 and has yet to wrap
                         2012 and 2016. He fled to Spain after he was   up the matter. So far, it has already revealed a
                         accused of receiving substantial bribes from   ring of graft and bribery between a number of
                         Odebrecht, and Interpol put him on a list of   state-owned companies and private contractors,
                         internationally wanted fugitives in May 2019.   including Odebrecht, which was sentenced to
                         A few months later, German police detained   pay $2.6bn worth of fines in 2017. ™
                         his mother after Mexican judicial authorities
                         accused her of helping to launder money from
                         Pemex.
                           Then in February of this year, Lozoya was
                         arrested by Spanish police in the southern
                         part of the country in February. On July 17, he
                         boarded a plane for his return to Mexico.
                           Under Mexican law, the former Pemex chief
                         will have to make an initial statement to a judge
                         after re-entering the country, a state official told
                         Reuters last week.
                           Mexico’s President Andrés Manuel Lopez
                         Obrador, who has often campaigned against
                         corruption, said the extradition represented a
                         significant step towards defeating bribery and
                         other unsavoury practices in the Latin Ameri-
                         can country.
                           “This voluntary extradition is going to do       Lozoya was Pemex’s CEO in 2012-2016 (Photo: Expansion.mx)


       Okra Energy subsidiary




       to deliver LNG to Mexico





                         A subsidiary of US-based Okra Energy has   from the 100,000 gallon per day (gpd) gas lique-
                         announced plans to deliver LNG to a customer   faction plant that it is now building in McIntosh,
                         in Mexico.                           Alabama, about 45 miles (72 km) away from the
                           According to a company statement, Okra   port of Mobile.
                         Energy Alabama (USA) has signed an LNG   Presumably Énestas will take delivery of the
                         supply agreement with Énestas Energy & Gas,   LNG at the terminal that it built on Mexico’s
                         a privately owned Mexican firm. The deal has a   Gulf coast and launched last year. This terminal
                         term of five years and may be renewed, and Okra   is the first dual LNG/ethane import facility in
                         Energy Alabama (USA) will source the LNG   Mexico.



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