Mexico's Pemex reports $84.5 billion debt for 2025
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Flares burn at a refinery of Mexican state oil company Pemex, amid rising fuel trafficking from Mexico to the United States, in Ciudad Madero, Mexico, May 28, 2025. REUTERS/Daniel Becerril
MEXICO CITY, Feb 4 (Reuters) - The 2025 financial debt of Mexico's state-owned oil firm Pemex, closed at $84.5 billion, the company's CEO Victor Rodriguez Padilla said on Wednesday during the daily morning press conference of Mexico's president Claudia Sheinbaum.
Pemex's financial debt at the end of 2024 was of $97.6 billion. 2025 marks the fifth consecutive year that the state-owned firm saw a decrease in its financial debt, Rodriguez said.
(Reporting by Ana Isabel Martinez, Editing by Iñigo Alexander)
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