New Pemex tax regime
President Claudia Sheinbaum announces new tax regime for Pemex called Derecho Petrolero para el Bienestar (Oil Right for Wellbeing).
The new Derecho Petrolero para el Bienestar will be 30 percent and for non-associated gas 11.63 percent.
- A Republican Austerity Plan will be implemented to achieve savings of 50 billion pesos.
- The priority is domestic consumption and the price of energy will not increase in real terms over the next six years.
- Mexican Petroleum (PEMEX) will be strengthened as a strategic state-owned company.
Source: Presidency of the Republic
Pemex presents strategic lines for the period 2024-2030
