Mexico Oil Producer Pemex Belongs on Stock Exchange, Bolsa CEO Tellez Says

Petroleos Mexicanos, Latin America’s largest oil producer, would benefit from following the path of Brazil’s state-controlled Petroleo Brasileiro SA and selling a stake to the public, according to Luis Tellez, chairman and chief executive officer of Bolsa Mexicana de Valores SAB.
“Pemex should move the way Petrobras has moved, with the government having still controlling shares and having a very transparent privately run company,” Tellez said today in an interview at Bloomberg’s headquarters in New York. “Within the political establishment, within Congress, within the parties, the issue of Petrobras is being discussed.”
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Source: Bloomberg