President-elect, Andrés Manuel López Obrador (AMLO) has big plans for the energy sector and Pemex especially. However, the NOC is facing a difficult situation in operational and financial terms. Pemex debt is one of the main challenges for the next government.
Mexico has increased its dependence on gasoline imports in recent years due to Pemex’s operational problems in its refineries. Andrés Manuel López Obrador (AMLO) wants to end this problem and has several plans to achieve it.
Pemex reported the number of clandestine taps in its pipelines during May and the cumulative figure during this year. This problem decreased compared to previous month, but it is still at high levels, affecting Pemex finances and operations.
President-elect, Andrés Manuel López Obrador (AMLO) has many plans and proposals for the energy sector and Pemex. Adán Augusto López, Governor-elect of Tabasco, spoke on this topic and possible changes in the industry.
Pemex reported its trade balance for May this year and its metrics changed from red to green. The company has poor operational metrics, forcing it to increase imports to supply local demand. However, the company has reduced its deficit in recent months.