May 6 (Reuters) - Mexican state oil company Pemex
increased shipments of crude to Cuba by almost 20% last year as
the island's energy crisis worsened, according to a company
filing.
Pemex affiliate Gasolinas de Bienestar exported 20,100
barrels per day of crude and 2,700 bpd of oil products in 2024,
for a sum equivalent to $600 million, according to Pemex's
annual report to the U.S. Securities and Exchange Commission,
published by the company on its website this week.
In 2023, Pemex sent the Caribbean island 16,800 bpd of crude
and 3,300 bpd of oil products for a value of $400 million.
Shipments that year started in July.
Cuba has been struggling with long and frequent power
outages, which it blames on a Cold War-era U.S. trade embargo
and fresh restrictions from U.S. President Donald Trump. In
March, an
outage in the capital
, Havana, and neighboring provinces left over 10 million
people without power for nearly two days.
Pemex is among the world's most indebted oil companies and
its production of crude oil and condensate dropped by 11% in the
last year.
"These sales represented 2.8% of our total crude oil exports
and 0.7% of our total sales of oil product, respectively," Pemex
said in the filing.
In the past, several sources told Reuters that shipments to
Cuba were made as donations. Pemex marked them as sales in the
latest filing, without further details.
The oil producer did not immediately respond to requests for
comment about whether its exports had continued during 2025 or
about volumes.