Mexico is a major supplier of crude oil to the international markets. PMI Comercio Internacional is the crude oil marketing entity in the international markets which balances between crude oil volume produced by Pemex and domestic consumption. Worldwide, PMI Comercio Internacional is recognized as a reliable supplier, which establishes long term and mutually beneficial relationships with his clients.
To this end, it has signed several agreements with companies abroad to sell crude oil in the international markets. PMI Comercio Internacional sells Maya, Istmo, Olmeca, and Altamira crude oil grades to roughly 25 clients in the Americas, Europe, the Far East, and throughout the world.
In 2014, crude oil exports were 1.14 million b/d, 47% of total Mexican crude oil production. The U.S. Energy Information Administration positions Mexico as the tenth world oil producer.
By volume, our main export crude grade is Maya, while by region, our main market destination is the Americas, particularly the US Gulf Coast.
The world's primary exporting countries are:
Crude oil Production per country 2014 |
|
Thousand barrels per day |
United States of America |
13,973 |
Saudi Arabia |
11,624 |
Russia |
10,853 |
China |
4,526 |
Canada |
4,383 |
United Arab Emirates |
3,471 |
Iran |
3,380 |
Irak |
3,371 |
Brasil |
2,950 |
Mexico |
2,812 |
Kuwait |
2,780 |
Venezuela |
2,689 |
Source: U.S. Energy Information Administration.