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Mexico to boost crude reserves to meet at least a decade of demand, Pemex CEO says

ReutersFeb 12, 2025 2:05 PM

- Mexico plans to boost its crude oil reserves to ensure it has enough for at least a decade of consumption, the chief executive officer of state energy company Pemex, Victor Rodriguez, said on Wednesday.

Pemex has 12 strategic projects that will account for 61% of this hydrocarbon production, Rodriguez added, speaking alongside Mexican President Claudia Sheinbaum at her regular morning press conference.

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