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Pemex announces 1.8 trillion peso investment plan through 2030
Petróleos Mexicanos (Pemex) has announced a multi-year investment program totaling approximately 1.84 trillion pesos for the 2025–2030 period. The plan aims to strengthen the entire hydrocarbon value chain, focusing heavily on exploration and extraction, which will account for roughly 79% of the total budget.
Other allocations include 185.5 billion pesos for the National Refining System, 104.2 billion pesos for logistics, and significant funds for petrochemicals, fertilizers, and natural gas processing. The company reported that its refining capacity has increased by 81% since 2018, now processing over 1.1 million barrels of crude per day.
Financially, Pemex reported a significant reduction in debt, decreasing by more than 20 billion dollars in less than two years. This brings its debt to its lowest level since 2014, which officials state will allow for reduced interest payments and increased reinvestment in production and infrastructure.
Entities
Claudia Sheinbaum · Claudia Sheinbaum Pardo · Dos Bocas · Juan Carlos Carpio Fragoso · Mexico · Pemex · Petrobras
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] Crude refining has increased by 81% compared to 2018 levels. petroleoenergia.com · canal44.com · contralinea.com.mx
- [● 5 SOURCES] Pemex debt decreased by more than 20 billion dollars in less than two years. petroleoenergia.com · energy21.com.mx · canal44.com · contralinea.com.mx
- [● 4 SOURCES] Pemex currently processes more than 1.1 million barrels of crude per day. petroleoenergia.com · energy21.com.mx · canal44.com · contralinea.com.mx
- [● 3 SOURCES] The proportion of fuels produced by Pemex for the domestic market rose from 24% in 2018 to 87% currently. petroleoenergia.com · contralinea.com.mx
- [● 3 SOURCES] Pemex debt is at its lowest level since 2014. canal44.com · contralinea.com.mx
- [○ 1 SOURCE] The Pemex-Petrobras strategic alliance is currently on pause due to the Brazilian elections. mayacomunicacion.com.mx
- [● 3 SOURCES] Pemex will invest approximately 1.84 trillion pesos between 2025 and 2030. petroleoenergia.com · energy21.com.mx · canal44.com
- [○ 1 SOURCE] Approximately 79% of the investment is allocated to exploration and extraction. energy21.com.mx