Despite the support of the federal government to stabilize its finances, Petróleos Mexicanos (Pemex) registered an increase of 37.1% in its debt with suppliers in dollars, reaching 28,130 million at the end of September 2025, according to its quarterly report presented this Monday.
In comparison, at the end of September 2024, the figure had been 20,524 million dollars. The increase confirms the financial pressure faced by the state oil company, whose debt to suppliers has grown steadily over the last three years.
Pemex reported that between January and September it paid 299,768 million pesos to companies that support its operation. In addition, it launched the 2025 Investment Financing Program, with a capacity of up to 250 billion pesos, aimed at strengthening the supply chain and improving operational efficiency.
Regarding total financial debt, the company reported a balance of 100.3 billion dollars, an increase of 2.7% compared to the previous quarter. The company indicated that it maintains available lines of credit for 4.2 billion dollars and 20.5 billion pesos to guarantee its liquidity.
The report also noted a loss of 61 billion pesos in the third quarter of the year, attributed to the drop in crude oil production, although it recognized progress in refining thanks to public investments in the six existing refineries and the new Dos Bocas plant.
CT
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