Wells, Pipelines, Properties, Plant and Equipment, Net |
WELLS, PIPELINES, PROPERTIES, PLANT AND EQUIPMENT, NET As of March 31, 2025, 2024 and December 31, 2024, wells, pipelines, properties, plant and equipment, net, is presented as follows:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Plants | Drilling equipment | Pipelines | Wells | Buildings | Offshore platforms | Furniture and equipment | Transportation equipment | Construction in progress (1) | Land | Total fixed assets | Investment | | | | | | | | | | | | Balances as of January 1, 2024 | Ps. | 1,070,987,449 | | 18,913,795 | | 491,444,562 | | 1,695,212,594 | | 73,956,002 | | 425,259,020 | | 53,545,137 | | 32,988,437 | | 480,504,766 | | 52,888,295 | | Ps. | 4,395,700,057 | | Acquisitions | 2,634,900 | | 1,063,180 | | 623,500 | | 7,682,250 | | 20 | | 371,090 | | 541,520 | | 214,780 | | 28,658,120 | | — | | 41,789,360 | | Reclassifications | 511,550 | | — | | — | | — | | 38,830 | | (550,380) | | — | | — | | — | | — | | — | | Capitalization | 6,068,680 | | — | | 5,910 | | 13,749,990 | | 817,350 | | — | | 172,560 | | 23,390 | | (20,865,300) | | 27,420 | | — | | Disposals | (489,040) | | — | | (802,610) | | — | | (10,370) | | — | | (192,280) | | (169,090) | | (2,567,600) | | (5,090) | | (4,236,080) | | Translation effect | (1,870,320) | | — | | (5,220) | | — | | (144,830) | | — | | (11,820) | | (54,190) | | (4,039,740) | | (32,940) | | (6,159,060) | | Balances as of March 31, 2024 | Ps. | 1,077,843,219 | | 19,976,975 | | 491,266,142 | | 1,716,644,834 | | 74,657,002 | | 425,079,730 | | 54,055,117 | | 33,003,327 | | 481,690,246 | | 52,877,685 | | Ps. | 4,427,094,277 | | Balances as of January 1, 2024 | Ps. | 1,070,987,449 | | 18,913,795 | | 491,444,562 | | 1,695,212,594 | | 73,956,002 | | 425,259,020 | | 53,545,137 | | 32,988,437 | | 480,504,766 | | 52,888,295 | | Ps. | 4,395,700,057 | | Acquisitions | 11,194,280 | | 5,432,300 | | 7,180,410 | | 94,119,630 | | 57,660 | | 2,573,440 | | 2,922,890 | | 817,850 | | 189,951,070 | | — | | 314,249,530 | | Reclassifications | 1,357,250 | | — | | 397,460 | | — | | 252,930 | | (1,280,890) | | 309,960 | | 130,500 | | (6,260) | | 27,740 | | 1,188,690 | | Capitalization | 44,796,840 | | — | | 9,245,250 | | 60,274,710 | | 1,864,030 | | 2,135,690 | | 565,340 | | 55,790 | | (118,965,090) | | 27,440 | | — | | Disposals | (5,171,200) | | (38,620) | | (994,620) | | — | | (242,880) | | (7,940) | | (2,036,150) | | (545,530) | | (5,117,236) | | (62,990) | | (14,217,166) | | Translation effect | 23,924,080 | | — | | (22,690) | | — | | 1,962,770 | | — | | 151,040 | | 746,120 | | 49,166,860 | | 451,890 | | 76,380,070 | | Balances as of December 31, 2024 | Ps. | 1,147,088,699 | | 24,307,475 | | 507,250,372 | | 1,849,606,934 | | 77,850,512 | | 428,679,320 | | 55,458,217 | | 34,193,167 | | 595,534,110 | | 53,332,375 | | Ps. | 4,773,301,181 | | Acquisitions | 1,665,780 | | 226,380 | | 2,977,500 | | 12,759,400 | | 90 | | 131,250 | | 46,380 | | 81,200 | | (981,340) | | — | | 16,906,640 | | Reclassifications | — | | — | | 522,330 | | — | | — | | — | | — | | 30,230 | | — | | — | | 552,560 | | Capitalization | 24,437,010 | | — | | 28,990 | | 1,116,280 | | 145,010 | | — | | 223,000 | | 33,510 | | (25,983,800) | | — | | — | | Disposals | (578,610) | | (157,820) | | (596,580) | | — | | — | | (14,800) | | (280,590) | | (56,970) | | (534,810) | | — | | (2,220,180) | | Translation effect | 1,453,610 | | — | | (243,390) | | — | | 30,970 | | — | | 8,030 | | 11,800 | | (26,720) | | 7,070 | | 1,241,370 | | Balances as of March 31, 2025 | Ps. | 1,174,066,489 | | 24,376,035 | | 509,939,222 | | 1,863,482,614 | | 78,026,582 | | 428,795,770 | | 55,455,037 | | 34,292,937 | | 568,007,440 | | 53,339,445 | | Ps. | 4,789,781,571 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Accumulated depreciation and amortization | Plants | Drilling equipment | Pipelines | Wells | Buildings | Offshore platforms | Furniture and equipment | Transportation equipment | Construction in progress (1) | Land | Total fixed assets | Balances as of January 1, 2024 | Ps. | (785,552,629) | | (6,896,584) | | (308,862,775) | | (1,341,888,963) | | (48,568,206) | | (300,832,110) | | (46,934,913) | | (16,908,292) | | (56,933,419) | | — | | Ps. | (2,913,377,891) | | Depreciation and amortization | (8,029,830) | | (171,490) | | (3,399,630) | | (17,070,010) | | (421,830) | | (2,937,820) | | (408,030) | | (442,057) | | — | | — | | (32,880,697) | | Reclassifications | (27,520) | | — | | — | | — | | (18,750) | | 46,270 | | — | | — | | — | | — | | — | | (Impairment) | (196,860) | | — | | (4,202,050) | | (6,862,990) | | — | | (2,393,760) | | — | | — | | (1,277,980) | | — | | (14,933,640) | | Reversal of impairment | — | | — | | 1,676,727 | | 5,472,320 | | — | | 83,120 | | — | | — | | 55,630 | | — | | 7,287,797 | | Disposals | 188,920 | | — | | 802,597 | | — | | 4,050 | | — | | 190,920 | | 99,540 | | — | | — | | 1,286,027 | | Translation effect | 1,069,040 | | — | | 5,790 | | — | | 67,760 | | — | | 5,430 | | 12,920 | | — | | — | | 1,160,940 | | Balances as of March 31, 2024 | Ps. | (792,548,879) | | (7,068,074) | | (313,979,341) | | (1,360,349,643) | | (48,936,976) | | (306,034,300) | | (47,146,593) | | (17,237,889) | | (58,155,769) | | — | | Ps. | (2,951,457,464) | | Balances as of January 1, 2024 | Ps. | (785,552,629) | | (6,896,584) | | (308,862,775) | | (1,341,888,963) | | (48,568,206) | | (300,832,110) | | (46,934,913) | | (16,908,292) | | (56,933,419) | | — | | Ps. | (2,913,377,891) | | Depreciation and amortization | (32,590,580) | | (765,490) | | (12,534,800) | | (82,997,750) | | (1,786,750) | | (12,839,730) | | (1,628,720) | | (1,706,388) | | — | | — | | (146,850,208) | | Reclassifications | (330,550) | | 53,880 | | (410,050) | | (53,980) | | (34,000) | | 53,950 | | (309,710) | | (158,330) | | 100 | | — | | (1,188,690) | | (Impairment) | (119,691,380) | | — | | (16,588,490) | | (27,386,630) | | (218,120) | | (9,356,010) | | — | | — | | (5,027,050) | | — | | (178,267,680) | | Reversal of impairment | 46,899,260 | | — | | 10,442,300 | | 39,134,890 | | — | | 19,784,040 | | 62,440 | | — | | 8,467,170 | | — | | 124,790,100 | | Disposals | 4,712,390 | | 33,950 | | 994,600 | | — | | 59,210 | | 5,070 | | 2,030,670 | | 487,820 | | — | | — | | 8,323,710 | | Translation effect | (15,029,580) | | — | | 23,010 | | — | | (939,730) | | — | | (65,130) | | (186,380) | | — | | — | | (16,197,810) | | Balances as of December 31, 2024 | Ps. | (901,583,069) | | (7,574,244) | | (326,936,205) | | (1,413,192,433) | | (51,487,596) | | (303,184,790) | | (46,845,363) | | (18,471,570) | | (53,493,199) | | — | | Ps. | (3,122,768,469) | | Depreciation and amortization | (7,449,280) | | (106,130) | | (2,973,390) | | (21,230,510) | | (412,090) | | (2,903,810) | | (397,860) | | (430,950) | | — | | — | | (35,904,020) | | Reclassifications | — | | 370 | | (522,330) | | — | | — | | — | | (370) | | (30,230) | | — | | — | | (552,560) | | (Impairment) | (622,910) | | — | | (1,390,680) | | (9,390,840) | | (36,200) | | — | | — | | — | | (28) | | — | | (11,440,658) | | Reversal of impairment | 3,926,030 | | — | | — | | 1,894,170 | | — | | — | | — | | — | | 130 | | — | | 5,820,330 | | Disposals | 283,140 | | 68,220 | | 584,600 | | — | | — | | 12,000 | | 280,490 | | 57,002 | | — | | — | | 1,285,452 | | Translation effect | (216,820) | | — | | 172,420 | | — | | (15,040) | | — | | (7,940) | | (10,130) | | — | | — | | (77,510) | | Balances as of March 31, 2025 | Ps. | (905,662,909) | | (7,611,784) | | (331,065,585) | | (1,441,919,613) | | (51,950,926) | | (306,076,600) | | (46,971,043) | | (18,885,878) | | (53,493,097) | | — | | Ps. | (3,163,637,435) | | Wells, pipelines, properties, plant and equipment—net as of March 31, 2024 | Ps. | 285,294,340 | | 12,908,901 | | 177,286,801 | | 356,295,191 | | 25,720,026 | | 119,045,430 | | 6,908,524 | | 15,765,438 | | 423,534,477 | | 52,877,685 | | Ps. | 1,475,636,813 | | Wells, pipelines, properties, plant and equipment—net as of December 31, 2024 | Ps. | 245,505,630 | | 16,733,231 | | 180,314,167 | | 436,414,501 | | 26,362,916 | | 125,494,530 | | 8,612,854 | | 15,721,597 | | 542,040,911 | | 53,332,375 | | Ps. | 1,650,532,712 | | Wells, pipelines, properties, plant and equipment—net as of March 31, 2025 | Ps. | 268,403,580 | | 16,764,251 | | 178,873,637 | | 421,563,001 | | 26,075,656 | | 122,719,170 | | 8,483,994 | | 15,407,059 | | 514,514,343 | | 53,339,445 | | Ps. | 1,626,144,136 | | Depreciation rates | 3 to 5% | 5 | % | 2 to7% | — | | 3 to 7% | 4 | % | 3 to 10% | 4 to 20% | — | | — | | | Estimated useful lives | 20 to 35 | 20 | 15 to 45 | — | | 33 to 35 | 25 | 3 to 10 | 5 to 25 | — | | — | | |
(1)Mainly wells, pipelines and plants. A.For the three-month periods ended March 31, 2025 and 2024, the financing cost identified with fixed assets in the construction or installation stage, capitalized as part of the value of such fixed assets, was Ps.1,749,532 and Ps. 2,531,378 respectively. Financing cost rates during the three-month periods ended March 31, 2025 and 2024 were 8.35% to 14.11% and 7.82% to 18.68%, respectively. B.The combined depreciation of fixed assets and amortization of wells for the three-month periods ended March 31, 2025 and 2024, recognized in operating costs and expenses, was Ps. 35,904,020 and Ps. 32,880,697, respectively. These figures include Ps. 1,851,961 and Ps. 36,420 for oil and gas production assets and costs related to plugging and abandonment of wells for the three-month periods ended March 31, 2025 and 2024, respectively. C.As of March 31, 2025 and December 31, 2024, provisions relating to future plugging of wells costs amounted to Ps. 118,264,318 and Ps. 115,514,750, respectively, and are presented in the “Provisions for plugging of wells” (see Note 16). D.For the three-month periods ended March 31, 2025 and 2024, the translation effect of property, plant and equipment items from a different currency than the presentation currency was Ps. 1,163,860 and Ps. (4,998,120), respectively, which was mainly plant. E.During the three-month periods ended March 31, 2025 and 2024, PEMEX recognized a net impairment of Ps. (5,620,328) and Ps. (7,645,843), respectively, which is presented as a separate line item in the condensed consolidated interim statement of comprehensive income as follows: | | | | | | | | | | For the three-month periods ended March 31, | | 2025 | 2024 | | (Impairment) / Reversal of impairment, net | Exploration and Extraction | Ps. | (9,028,380) | | Ps. | (7,529,638) | | Industrial Transformation | 3,408,052 | | 55,625 | | Logistics | — | | (171,830) | | (Impairment), net | Ps. | (5,620,328) | | Ps. | (7,645,843) | |
Cash-Generating Unit of Exploration and Extraction For the three-month periods ended March 31, 2025 and 2024, the Exploration and Extraction segment recognized a net impairments of Ps.(9,028,380) and Ps.(7,529,638), respectively, shown by CGU as follows: | | | | | | | | | | 2025 | 2024 | Tsimin Xux | Ps. | (2,519,098) | | Ps. | (7,494,656) | | Ogarrio Magallanes | (886,647) | | (3,802,863) | | Antonio J. Bermúdez | 1,517,184 | | (1,881,362) | | Lakach | (947,562) | | (1,240,831) | | Burgos | (1,243,738) | | (291,449) | | Misión (CEE) | 19,276 | | (35,310) | | Cuenca de Macuspana | — | | (15,342) | | Arenque | — | | 242,554 | | Poza Rica | — | | 385,159 | | Tamaulipas Constituciones | — | | 684,341 | | Aceite Terciario del Golfo | — | | 1,699,194 | | Cantarell | (5,344,778) | | 1,704,579 | | Ayin-Alux | 376,983 | | 2,516,348 | | Total | Ps. | (9,028,380) | | Ps. | (7,529,638) | |
As of March 31, 2025 the Exploration and Extraction segment recognized a net impairment of Ps.(9,028,380) mainly due to: (i) a negative effect in gas prices of Ps.37,489,937, mainly in the Cantarell, Lakach, Burgos and Tsimin Xux CGUs; and (ii) a decrease in production profiles volume in the barrel of crude oil equivalent generating a negative effect of Ps.5,322,907, mainly in the Cantarell, Tsimin Xux and Ogarrio Sanchez Magallanes CGUs. These effects were partially offset by (i) a decrease in the discount rate of Ps.25,812,652, from 10.86% in December 31, 2024 to 9.99% in March 31, 2025; (ii) an increase in cost and expenses mainly in the Antonio J. Bermúdez and Ayin Alux CGUs, generating a negative effect of Ps.6,047,318; (iii) a positive tax effect of Ps.1,573,687, due to a lower tax base due to the decrease in prices and volumes and (iv) a positive effect of Ps.350,807, due to the fluctuations of the exchange rate from Ps.20.2683 = U.S.$1.00 as of December 31, 2024, to Ps.20.3182 = U.S.$1.00 as of March 31, 2025.
As of March 31, 2024 Exploration and Production recognized a net impairment of Ps.(7,529,638) mainly due to: (i) an increase in cost and expenses mainly in the Tsimin Xux, Ogarrio Sánchez, Antonio J. Bermudez and Lakach CGUs, generating a negative effect of Ps.21,434,654; (ii) an increase in the discount rate of Ps. 19,629,380, from 9.93% in December 31, 2023 to 10.43% in March 31, 2024; (iii) a negative effect of Ps.2,839,959, due to the fluctuations of the exchange rate from Ps.16.9220 = U.S.$1.00 as of December 31, 2023, to Ps.16.6780 = U.S.$1.00 as of March 31, 2024; (iv) a negative tax effect of Ps.1,742,111, due to a lower tax base, resulting from higher costs and expenses at the Aceite Terciario del Golfo, Cantarell and Tamaulipas Constituciones CGUs. These effects were partially offset by an increase in production pr ofiles volume in the barrel of crude oil equivalent generating a positive effect of Ps.38,116,466, mainly in the Cantarell, Tamaulipas Constituciones and Crudo Ligero Marino CGUs. The CGUs of the Exploration and Extraction segment are investment projects in productive fields with hydrocarbon reserves associated with proved reserves. These productive hydrocarbon fields contain varying degrees of heating power consisting of a set of wells and are supported by fixed assets associated directly with production, such as pipelines, production facilities, offshore platforms, specialized equipment and machinery. Each project represents the smallest unit which can concentrate the core revenues, with clear costs and expenses that enable future cash flows (value in use) to be determined. The Exploration and Extraction segment determines the recoverable amount of fixed assets based on the long-term estimated prices for Exploration and Extraction’s proved reserves. The recoverable amount on each asset is the value in use. To determine the value in use of long-lived assets associated to hydrocarbon extraction, the net present value of reserves is determined based on the following assumptions: | | | | | | | | | | 2025 | 2024 | Average crude oil price | 64.36 U.S.$/bl | 65.73 U.S.$/bl | Average gas price | 4.07 U.S.$/mpc | 4.85 U.S.$/mpc | Average condensates price | 71.65 U.S.$/bl | 74.91 U.S.$/bl | After-tax discount rate | 9.99% annual | 10.43% annual |
For the three-month periods ended March 31, 2025 and 2024 the total forecast production, calculated with a horizon of 25 years, was 6,764 Billion barrels per day (Bbd) and 6,863 Bbd per day of crude oil equivalent, respectively. The Exploration and Extraction segment, in compliance with practices observed in the industry, estimates the recovery value of an asset by determining its value in use, based on cash flows associated with proved reserves after taxes and using a discount rate, also after taxes. Cash flows related to plugging wells provision costs are excluded in this computation of discounted cash flows. As of March 31, 2025 and 2024, values in use for each CGU are: | | | | | | | | | | 2025 | 2024 | Aceite Terciario del Golfo | Ps. | 70,237,018 | | Ps. | 29,111,363 | | Tsimin Xux | 37,745,764 | | 24,306,763 | | Ogarrio Magallanes | 33,187,237 | | 26,386,676 | | Antonio J. Bermúdez | 31,736,320 | | 22,206,705 | | Tamaulipas Constituciones | 16,056,491 | | 5,042,725 | | Cantarell | 12,866,303 | | 21,757,912 | | Poza Rica | 10,796,596 | | 6,038,332 | | Arenque | 8,114,141 | | 2,742,274 | | Lakach | 2,598,813 | | — | | Cuenca de Macuspana | 1,800,121 | | 574,732 | | Ayín - Alux | 1,046,358 | | 4,342,218 | | Chuc | — | | 55,399,694 | | Crudo Ligero Marino | — | | 32,228,351 | | Ixtal - Manik | — | | 13,059,588 | | Burgos | — | | 2,640,180 | | Santuario El Golpe | — | | 3,451,197 | | Cárdenas-Mora | — | | 3,127,784 | | Total | Ps. | 226,185,162 | | Ps. | 252,416,494 | |
Cash-Generating Units of Industrial Transformation For the three-month period ended March 31, 2025 and 2024, the Industrial Transformation segment recognized a net reversal of impairment of Ps.3,408,052 and Ps.55,625, respectively, shown by CGUs as follows: | | | | | | | | | | 2025 | 2024 | Salina Cruz Refinery | Ps. | 1,919,341 | | Ps. | — | | Cosoleacaque Petrochemical Complex | 1,436,266 | | — | | Morelos Petrochemical Complex | 131,101 | | — | | Nuevo Pemex Gas Processor Complex | 125,831 | | — | | Madero Refinery | 102,464 | | — | | Minatitlán Refinery | 67,838 | | — | | Cactus Gas Processor Complex | 60,247 | | — | | Ciudad Pemex Gas Processor Complex | 59,662 | | — | | Pajaritos Petrochemical Complex | 13,339 | | — | | Poza Rica Gas Processor Complex | 7,147 | | 55,625 | | Matapionche Gas Processor Complex | 2,898 | | — | | Arenque Gas Processor Complex | (533) | | — | | Cangrejera Ethylene Complex | (69,993) | | — | | Coatzacoalcos Gas Processor Complex | (83,852) | | — | | La Venta Gas Processor Complex | (114,194) | | — | | Tula Refinery | (249,510) | | — | | Total | Ps. | 3,408,052 | | Ps. | 55,625 | |
As of March 31, 2025, the Industrial Transformation segment recognized the net reversal of impairment of Ps.3,408,052 due to an increase in the estimated gross result as a consequence of the stabilization in production levels due to the implementation of the refinery rehabilitation program, to maintain and ensure a stable and optimal level of processing in process plants, auxiliary services and tanks, and a decrease in the discount rate of CGUs of refined products from 14.75% as of December 31, 2024 to 13.79% as of March 31, 2025.
As of March 31, 2024, the Industrial Transformation segment recognized a net reversal of impairment of Ps.55,625 due to a (i) marginal increase in cash flows; (ii) an increase in the discount rate of CGUs of refined products from 13.68% as of December 31, 2023 to 14.46% as of March 31, 2024, and (iii) variations in the exchange rate used in the projected cash flows from Ps.16.9220 = U.S.$1.00 as of December 31, 2023 to Ps.16.6780 = U.S. $1.00 as of March 31, 2024. To determine the value in use of long-lived assets associated with the CGUs of the Industrial Transformation segment, the net present value of cash flows was determined based on the following assumptions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | As of March 31, | | 2025 | 2024 | | 2025 | 2024 | | 2025 | 2024 | | 2025 | 2024 | | 2025 | 2024 | | Refining | | Gas | | Petrochemicals | | Ethylene | | Fertilizers | Average crude oil Price (U.S.$) | 101.67 | 105.5 | | N.A. | | N.A. | | N.A. | | N.A | Processed volume (1) | 866 mbd | 993 mbd | | 2,487 mmpcd of humid gas | 3,201 mmpcd of humid gas | | Variable because the load inputs are diverse | Rate of U.S.$ | 20.3182 | $16.6780 | | $20.3182 | $16.6780 | | $20.3182 | $16.6780 | | $20.3182 | $16.6780 | | $20.3182 | $16.6780 | Useful lives of the cash-generating units (year average) | 12 | 11 | | 7 | 6 | | 8 | 5 | | 7 | 5 | | 13 | 5 | Pre-tax discount rate | 13.79% | 14.46% | | 14.56% | 13.91% | | 10.68% | 10.51% | | 10.68% | 10.51% | | 11.86% | 11.77% | Period (2) | 2025-2036 | 2024-2034 | | 2025-2031 | 2024-2029 | | 2025-2032 | 2024-2028 | | 2025-2031 | 2024-2028 | | 2025-2037 | 2024-2028 |
(1)Average of the first four years. (2)The first five years are projected and stabilize at year six. N.A. = Not applicable CGUs in the Industrial Transformation segment are processing centers grouped according to their types of processes as refineries, gas complex processors, and petrochemical centers. These centers produce various finished products for direct sale to customers or intermediate products that can be processed in other CGUs or by a third party. Each processing center of the Industrial Transformation segment represents the smallest unit that has distinguishable revenues, with clear costs and expenses that enable future cash flows (value in use) to be determined. Cash flow determinations are made based on PEMEX’s business plans, operating financial programs, forecasts of future prices of products related to the processes of the CGUs, budget programs and various statistical models that consider historical information of processes and the capacity of various processing centers. The recoverable amount of assets is based on each asset’s value in use. The value in use for each asset is calculated based on discounted cash flows, taking into consideration the volumes to be produced and sales to be carried out. As of March 31, 2025 and March 31, 2024, the value in use for the impairment of fixed assets was as follows: | | | | | | | | | | 2025 | 2024 | Salamanca Refinery | Ps. | 34,445,344 | | Ps. | 47,317,308 | | Cadereyta Refinery | 34,542,856 | | — | | Salina Cruz Refinery | 21,499,189 | | — | | Tula Refinery | 18,031,185 | | — | | Cangrejera Petrochemical Complex | 11,478,401 | | — | | Nuevo Pemex Gas Processor Complex | 8,103,196 | | — | | Ciudad Pemex Gas Processor Complex | 6,467,546 | | — | | Cactus Gas Processor Complex | 5,279,754 | | — | | Burgos Gas Processor Complex | 1,671,119 | | 1,121,968 | | Independencia Petrochemical Complex | 5,555,473 | | — | | La Venta Gas Processor Complex | 983,445 | | — | | Coatzacoalcos Gas Processor Complex | 905,971 | | 1,635,554 | | Morelos Ethylene Processor Complex | 578,097 | | — | | Pajaritos Ethylene Processor Complex | 184,970 | | — | | Madero Refinery | — | | 3,336,427 | | Minatitlán Refinery | — | | 12,874,545 | | Cosoleacaque Petrochemical Complex | — | | 809,000 | | Poza Rica Gas Processor Complex | — | | — | | Total | Ps. | 149,726,546 | | Ps. | 67,094,802 | |
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