The company Pemex Refinación, now known as PTI, reported losses amounting to half a billion pesos, revealing the concerning financial situation it is in. It is notable that the country imports 58% of the gasoline consumed nationwide, generating a significant impact on the economy.
According to statements, with the oil rounds implemented in previous administrations, each dollar of oil extracted by private companies would represent a benefit for the country. However, the current administration has led Pemex to considerable losses, reaching 879 million pesos daily in the third quarter of this year and accumulating a total of one trillion 300 billion pesos in losses during the administration.
Amid alarming financial reports, the effectiveness of the "rescue of oil sovereignty" proclaimed by President López Obrador is questioned. Despite this unfavorable outlook, significant changes are not foreseen due to the dogmatism of the current government and its focus on national sovereignty, even at the cost of considerable economic losses.
The president of the entity has also joined this stance, showing reluctance towards the sale of oil abroad, which has generated criticism for the lack of economic perspective in decisions. Despite suggestions to return to efficient models from previous governments, there is a lack of political will to implement significant changes that would reverse the crisis in which Pemex finds itself.
In this scenario, austerity and efficiency measures have been proposed to address the difficult financial situation of the oil company. The debt with suppliers has tripled in recent years, evidencing the complexity of the current situation and the need for a deep restructuring that guarantees long-term viability.
