One of the goals of Energy Reform is to create a new and free energy market in Mexico. It seems like Pemex does not understand, and its doing things to keep its monopoly, at least in the fuel market.
Pemex lack of capacity to supply local gas demand is converting Mexico into an importer country of this fuel and its dependence on US is increasing. Private importers keep increasing their market share.
Mexico has suffered several natural disasters recently. These events complicated Pemex operations in the country, questioning the production oil target for this year. The NOC spoke about the consequences of the earthquakes and hurricanes.
According to its CEO, with a business plan that focuses on profitability, the NOC achieved stable finances profits that amount to US$38.2M.