Pemex reported its production for May, and it continues to show poor performance, increasing dependence on imports. The National Chamber of Cargo Transport (Canacar) spoke about the main concerns of fuel transporters.
Pemex plans to import light crude due to its low production performance, arguing that this would help improve its refining metrics. This has generated several discussions about the consequences of this alternative.
Pemex received most of the Mexican fields in the Zero round, with the commitment to conduct an aggressive exploration and drilling campaign. However, the NOC has not been able to meet expectations and its compliance percentage is very low so far, generating concerns among Mexican authorities.
Pemex has not managed to overcome its operational and financial crisis despite the fact that oil prices have increased in recent months. The number of producing wells in operation has decreased in recent years as a result of this crisis.