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Pemex In Talks With Government For New Debt Support

MEXICO
  • (Reuters) - Mexican state oil company Petroleos Mexicanos (Pemex) is in talks with the government about getting fresh support to pay debt falling due in early 2023, Chief Executive Octavio Romero said.
  • The government had already taken on Pemex debt amortizations in 2021 to help the company invest. However, it stopped after the first quarter of 2022 amid high crude oil prices.
  • "We're in talks with the finance ministry, especially for the first quarter of next year, where we have strong amortizations," Romero told reporters on Tuesday.

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