Oil , cash-strapped , ready sale of assets

With oil prices near a 12-year low and production in free fall, likely Petroleos Mexicanos (Pemex) will try to raise money by selling stakes in pipelines.
 
The state oil company probably will build the new rules that create limited companies in Mexico, Known as Master Limited Partnerships ( MLP) in the US and in Mexico Fiber E, the investment vehicles enable companies to sell shares of individual investors attracted by attractive tax exemptions assets.
 
For Mexico , it represents the latest attempt by the government and industry to attract private investment and stimulate growth in the second largest economy in Latin America , after President Enrique Peña Nieto has pushed through a series of measures to end the oil monopoly of 76 years of the state.
 
Pemex could be a source of money needed after falling oil prices led to a record loss of 10 billion dollars in the third quarter of 2015.
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