Mexico Plans $6 Billion Support for Pemex From 2025 Budget ...Middle East

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Mexico Plans $6 Billion Support for Pemex From 2025 Budget
source : OILPRICE ( Middle East ) () 63
Mexico’s government is considering carving out $6 billion from the 2025 budget to support the near-term debt obligations of its heavily indebted state oil giant Pemex, Bloomberg reports, citing sources with knowledge of the plans. The government is expected to unveil its draft 2025 budget later this week. Mexico’s new President Claudia Sheinbaum has vowed to continue supporting the world’s most indebted oil company as her predecessor, Andres Manuel Lopez Obrador, did. Pemex has around $9 billion in debt maturing next year, and…

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