MEXICO CITY Jan 11 Mexico's state oil company
Pemex said on Wednesday that updated procurement
policies, such as renegotiating service contracts and fewer
no-bid purchases, have led to more than 24 billion pesos ($1.10
billion) in savings for the cash-strapped firm.
Miguel Angel Servin, the company's top procurement
executive, said in a phone interview that beyond the savings,
which occurred over the past year, the bigger goal is to
minimize acts of corruption in its purchases.
"All of the actions that we're taking revolve around more
transparency, (contractor) certainty and more competition, and
this is how we can minimize possible acts of corruption," he
"We have to regain confidence. For me, that's what's behind
all of it."
Servin was tapped to lead Pemex procurement in March, part
of the team assembled by new Chief Executive Officer Jose
Antonio Gonzalez Anaya, who was appointed to lead the company a
Last year around 30 percent of all goods and service bought
by Pemex were under no-bid contracts, down from more than 80
percent in 2015.
The value of its no-bid contracts was 62 billion pesos last
year, a drop of more than 70 percent from a year earlier, said
No-bid contracts are only permitted where the company can
prove there is just one possible supplier for a given good or
service, or if there is an emergency.
Servin said the company aims to reduce the use of such
contracts further in 2017, though he did not provide a specific
Over the past year, he added, the company has moved away
from in-person or paper-based procurement for myriad goods and
services toward an electronic platform.
The new platform was launched in November and is now used
for all of the company's purchases, including for its
exploration and production arm as well as its so-called
midstream and downstream Industrial Transformation unit.
($1 = 21.8530 Mexican pesos)
(Reporting by David Alire Garcia; Editing by Tom Brown)