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Investment Information

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Capital and Operating Expenditures

Billion U.S. dollars

Note: Includes upstream maintenance expenditures. PEMEX´s investment records are in pesos. Figures have been converted at the following average historical exchange rates: MXN 12.7677/USD for 2013, MXN 13.2973/USD for 2014, MXN 15.8485/USD for 2015, MXN 15.90/USD for 2016, MXN 18.20/USD for 2017, MXN 18.40/USD for 2018, MXN 20.00/USD for 2019, MXN 19.90/USD for 2020, MXN 22.09/USD for 2021 and MXN 20.40/USD for 2022.

2021 Investment by Business Line

100% = 16.0 billion U.S. dollars

Note: Other includes Fertilizers, Logistics and Corporate.

Capital expenditures are undertaken by Petróleos Mexicanos and its subsidiary entities.

Capital expenditures and operating expense must be authorized in the budget of Petróleos Mexicanos, which is approved by the Mexican Congress.

The exchange rate used (Pesos per USD) is the one approved by the Mexican Congress for 2022 which you may find it in our Guidance section.

Last Modified 11/03/2022 12:19 p. m.