Rafael Ramirez
Rafael Ramirez
barrels clear market million possible step
We are removing two million barrels a day from the market and we will make it clear that this is the first step to another possible reduction,
cut discuss entered gulf impact market volume
I think it has to be evaluated. There is an important volume from the Gulf that has still not entered the market and that could impact the market and probably OPEC will have to discuss a cut in production,
ceiling maintained market offer
The ceiling will be maintained the same and we will offer the market what Opec can produce,
barrels believe fact looks market maybe million next ready
The market looks well supplied, in fact oversupplied, by 2 million barrels a day. We believe OPEC has to be ready to cut, maybe now in this meeting, maybe at the next meeting.
barrels cut market means
The market is overstressed ... this means we have to cut around 500 000 barrels a day.
agreed believe mistake total
Of the 32 (companies), we have agreed with 30. We believe this was a mistake on the part of Total and Eni.
barrels possible shortest time
We're working to put those barrels in place in the shortest time possible
growth harvard mexico
We need growth and money, not revolutionary ideology. Calderon is very Harvard and that's good. We want a Mexico of the 21st century.
biggest country exploiting framework legal petroleum reserves respect understand
understand that there is a legal framework that has to be respected, and that if they want to be exploiting petroleum in a country with one of the biggest reserves on the planet, they have to respect our laws.
relations strategic
bastion for forging relations with new strategic partners.
evaluate good
We will evaluate if it's a good opportunity.
barrels building million
Everyone is building inventories, Japan, the U.S., and that is very dangerous. There is an oversupply of one million barrels a day.
price stay structural
We have said that this is a structural issue, not a short-term factor, and the price is going to stay the same,
defend prepared ready stand
We are prepared to do that, and we stand ready to defend our rights,