Pemex CEO, Jose Antonio Gonzalez Anaya has told Congress that the state-owned oil company will pay what it owes to 90 percent of the service providers “in literally days” after securing a credit line from national development banks.

Pemex’s urgency under Gonzalez Anaya to pay the companies is a far cry from the strategy employed by the previous administration, which last yearcut contractors’ daily rates and extended the payment period to 180 days from 20 days as outstanding debts reached record levels.

Source: http://www.bloomberg.com/news/articles/2016-03-15/new-pemex-ceo-raises-hopes-of-contractors-for-7-billion-payment