MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 12.Jan.2025) — Mexico’s president Claudia Sheinbaum Pardo, speaking from El Zócalo in Mexico City, said that Petróleos Mexicanos (Pemex) would guarantee 2 things: production of 1.8 million barrels per day of liquids and condensates as well as the functionality of its 8 refineries.
Sheinbaum revealed the details during a speech on 12 Jan. 2025 from the Mexican capital celebrating her first 100 days in office as the Latin American country’s president.
Maintaining production at around 1.8 MMb/d is a key component of Pemex’ business plan during Sheinbaum’s ‘sexenio,’ or 6 year presidential term.
Pemex’ oil and condensate production with partners averaged 1.673 MMb/d in Nov. 2024, the Mexico City-based energy giant announced in Nov. 2024 in a statement on its website.
RELATED: Pemex’ Oil and Gas Production Fall Sequentially in Nov. 2024
8 Pemex refineries
Pemex owns 7 refineries spread out across Mexico as well as 1 located in the US.
The Mexican based refineries include: Cadereyta, Madero, Minatitlán, Salina Cruz, Salamanca, Tula and the new Dos Bocas.
The US-based refinery is called Deer Park and located in Houston, Texas.
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By Fidencio Casillas reporting from Mexico City. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.
