Through the financial mechanism launched by the National Bank of Works and Services (Banobras), Petróleos Mexicanos (Pemex) paid more than 27,000 million pesos to suppliers, the state-owned company reported in a statement.
In September and October, through the 2025 Investment Financing Program coordinated by Banobras, invoices for 2,912 and 26,285 million pesos were settled, respectively, he added in the document.
The Pemex Fund, created in August, began to operate as a financial instrument to cover the oil company’s debts, which is managed by Banobras, a mechanism that already began last week with the validation of invoices corresponding to work carried out this year, in order to reactivate the payment chain in the energy sector.
Also read: Pemex’s debt with suppliers grows 37%, despite government support
Banobra begins process to settle Pemex debt
Banobras called about 250 suppliers to review documentation and establish agreements. Its president, Rafael Espino de la Peña, assured that “there is already certainty that it will be paid, because the money is already there.”
Although payments have not yet been concluded, the process seeks to prevent new delays and restore trust between Pemex and its contractors.
Meanwhile, the general director of Banobras, Jorge Mendoza Sánchez, highlighted that the Pemex Fund will strengthen financial planning and support the 2025–2035 Strategic Plan, with an “attractive and low-cost” financing scheme that will allow the continuity of energy projects to be maintained.
According to Pemex’s financial report for the third quarter sent to the Mexican Stock Exchange (BMV), in the first nine months of the year the state-owned company made payments to suppliers and contractors for 299,000 million pesos.
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