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Sheinbaum Says 2025 Oil Exports to Cuba Declined, Pledges Pemex Disclosure

Sheinbaum has pledged to publish Pemex’s full data to address discrepancies with outside estimates.

Overview

  • The president said volumes sent in 2025 were slightly below 2024 and comparable to the Calderón and Peña Nieto administrations, without providing figures.
  • Pemex’s filing to the U.S. SEC states Mexico delivered an average of 17,200 barrels per day of crude and 2,000 barrels per day of products to Cuba from January to September 2025.
  • The Financial Times, citing Kpler, reported 12,284 barrels per day for 2025 on average, a 56% increase over 2024 based on ship-tracking data.
  • The New York Times and The Wall Street Journal, citing analyst Jorge Piñon, reported roughly 22,000 barrels per day between January and September 2025, with flows falling to about 7,000 barrels per day after August.
  • Investigative group MCCI estimated shipments under Sheinbaum exceed $3 billion in value and reported the Ocean Mariner departed Coatzacoalcos on January 5 carrying 80,000 to 110,000 barrels reportedly bound for Havana.