Mexican President Wants To Cancel Energy Deal With Brazil’s Odebrecht

Mexican President Wants To Cancel Energy Deal With Brazil’s Odebrecht

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Mexico’s President Andres Manuel Lopez Obrador wants to cancel an energy deal with a consortium backed by Brazilian conglomerate Odebrecht, Reuters has reported, citing a news conference. “That contract has to be canceled in my opinion because it’s unfair,” the president said. “It has to be reviewed.” The contract in question was signed by the Felipe Calderon administration, which was in power until 2012. It is for the supply of ethane, a petrochemical that is used as feedstock for the production of ethylene,…

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