G/STR/N/16/MEX  
8 December  2016 
(16-6710) Page: 1/18 
Working Party on State Trading Enterprises  Original:  Spanish  
 
  STATE TRADING  
NEW AND FULL NOTIFICATION PURSUANT TO ARTICLE XVII:4(A)  
OF THE GATT 1994 AND PARAGRAPH 1 OF THE UNDERSTANDING  
ON THE INTERPRETATION OF ARTICLE XVII  
MEXICO 
The following communication, dated 2 9 November 2 016, is being circulated at the request  of the 
delegation  of Mexico.  
__________  
 
 
Pursuant to Article XVII:4(a) of the GATT 1994 and paragraph 1 of the Understanding on the 
Interpretation of Article XVII, Mexico hereby makes the following new and full  notification of its 
state trading enterpris es for 2014 and 2015.  
PETRÓLEOS MEXICANOS  
I. ENUMERATION OF STATE TRADING ENTERPRISES  
A. Identifica tion of state trading enterprise s 
Petróleos  Mexicanos (PEMEX)  
B. Description of products affected  
The products affected are h ydrocarbons and their derivatives, including refi ned products and 
petrochemicals . PEMEX's product s correspond to the following  tariff sub headings , in accordance 
with the Tariff established in the General Import and Export Duty Law  (TIGIE)1: 
 
TIGIE  tariff subheading  Descrip tion 
2709.00.01  Crude petroleum oils  
2709.00.99  Other  
2710.12.03  Aviation fuel 
2710.12.04 to  2710.19.99  
2711.11.01  
 
(up to 2712.90.99)  Other gasoline , fuel oil, jet fuel , propane , etc. 
Natural gas  
 
Other products  
 
                                                
1 The TIGIE is based on the Harmonized System, and the first six digits  therefore correspond to the 
HS tariff subheadings.  G/STR/N/16/MEX  
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  II. REASON AND PURPOSE  
A. Reason or purpose for establishi ng and/or maintaining state trading enterprise  
PEMEX is a State production  enterprise that is wholly owned by the Federal Government . Its 
purpose is to  conduct  business, economic , industrial and commercial activities  in order to generate 
economic value and  profit s for the Mexican State , with a view to maximizing  the State's oil 
revenue s and thereby contributing to national development.  
PEMEX's mission  is to engage in exploration for and extraction of  petroleum and solid, liquid or 
gaseous hydrocarbons, and to retrieve , sell and market them . PEMEX may also : 
 refine, process , transport, stor e, distribut e, sell, export a nd import petroleum , 
hydrocarbons , the products obtained  through their refining or processing and residues 
thereof , and provide  services relatin g to these activities ; 
 process  gas and manufacture and market  petrochemicals;  
 develop and conduct  engineering  projects , research, geological and geophysical work, 
oversight, provide  services  to third parties , and engage in any activity relating to 
explorat ion, extraction and other activities  required to fulfil its mission , at market prices;  
 research , develop and implement  energy resources other than  those derived from 
hydrocarbons  to enable PEMEX to fulfil its mission,  and generate and market  electricity in  
accordance with applicable provisions;  
 research and develop the technologies required by the petroleum, petroch emical and 
chemical industries,  market  technological products and services resulting from this research, 
and provide  training for  highly special ized human resources . PEMEX  may conduct these 
activities  directly through the Mexican Petroleum Institute, o r through any specialized 
third party ; and 
 market its manufactured products through dedicated  networks, and provide  services relating 
to their consu mption and use.  
B. Legal basis  
The hydrocarbons sector is regulated by : the Political Constitution of the United Mexican States, 
the Hydrocarbons Law, the Hydrocarbons Revenue Law , the Mexican Petroleum  Law, the 
Regulations implementing the above -mentioned  secondary legislation , and other applicable 
provisions.  
III. DESCRIPTION OF THE FUNCTIONING OF THE STATE TRADING ENTERPRISE  
A. Summary statement providing overview of operations of the state trading enterprise  
See part A of Section II above.  
B. Specificat ion of exclusive or special rights or privileges enjoyed by the state trading 
enterprise  
Under national legislation, the State may grant PEMEX allocations for hydrocarbon exploration, 
development and/or ex ploitation . 
C. Type of entities other than the stat e trading enterprise that are allowed to engage in 
importation/exportation and conditions for participation  
Mexico's energy model was redefined by the Energy Reform and the resulting legislation adopted 
in 2014 and 2015 . PEMEX and the Federal Electricity C ommission ( CFE) thus became  State -owned 
producti on enterprises  with a mission to generat e value . New governing bodies and corporate G/STR/N/16/MEX  
- 3 - 
  structures were  put in place to enable  these enterprises  to compete effectively in the new markets 
and contribute to the sus tainable development of Mexico's energy sector . The activities  conducted 
by new players  to compete in and enhance  the energy market are described below . 
Upstream  activities : Surveying and surface  exploration, and hydrocarbon exploration and 
extraction . 
The Hydrocarbons Law and its implementing Regulations  lay the foundations for planning and 
implementing public policy and actio n in the energy sector . In keeping with the Political 
Constitution of the United Mexican States, the Law clearly stipulates that the  State is the owner of 
hydrocarbon  resource s in the subsoil . Hydrocarbon  exploration and extraction are considered 
strategic activities for the country's  energy  development and supply . The State therefore reserves 
the right to grant allo cations  and contrac ts, with contracts awarded through  a bidding process . 
Previously , all exploration work and project development for petroleum and gas extraction was 
conducted exclusively by PEMEX.  
In order to further  the development of Mexico's petrol eum indus try, targets have been set to 
ensure that a certain proportion of hydrocarbon exploration and extraction on national territory is 
procured domestically through  allocations and contracts . By their very nature, some  deep-water 
operations require  a higher proportion of  external procurement . Specific percentages have 
therefore been set for d eep-water contracts in order to encourage  technology transfer and the 
development of human resources.  
The progress made in implementing the new energy model can be seen in the diversific ation of the 
business ecosystem . By June 2 016, Mexico had entered into 24 contracts for hydrocarbon 
exploration and ext raction with 27  new participants, in addition  to PEMEX . There has also been  a 
gradual increase in the involvement of  private companies, w ith 14 new companies conducting 
surface exploration work under the following  permit scheme:  
i. Round O ne: Three calls for bids were  launched  for exploration and extraction  work in 
30 shallow -water or onshore fields . Twenty -seven new Mexican  and foreign compan ies 
participated  in the process , including 16 operators.  
These invitations to tender  were conducted in keeping with the transparency principles  
set out in the bidding conditions  and in the presence of a Notary Public and a 
representative from the Internal Oversight Body of the National Hydrocarbons 
Commission ( CNH). All interest ed parties and industry participants were considered 
on equal terms . This included  PEMEX, which is currently  one of  the 26 companies 
in the prequalification stage of  Round One 's four th bidding process , to be condu cted 
on 5 December of this year in accordance with standard licence contract  procedures . 
ii. Authorizations for surveying and surface  exploration ( ARES ): Any entity - whether 
PEMEX or a private company - may conduct surveying  and surface exploration work 
and hydrocarbon exploration and extraction after obtaining a  prior permit  (ARES). 
The CNH is responsible for the safekeeping of information relating to these activitie s. 
Under t he permit scheme authorization has been granted for 3 4 projects to be 
conducted by 14 private companies, which may market the information gathered, 
subject to the principle that the information  belongs to  the State and is kept with 
the CNH. 
Mid and downstream  activities : Processing, refining, transfer, marke ting, transport and storage 
of petroleum ; transport, storage, distribution, marketing and retail sale  of petroleum products ; 
transport of petrochemicals by pipeline and their storage in areas connected to pipeline s; 
processing , compressi on, liquefaction, d ecompression and  regasification of natural gas, as well as 
its transport, storage, distribution, marketing and retail sale . 
In light of the needs of the new , open market, the Hydrocarbons Law lays emphasis on  the 
responsibility of the Ministry of Energy (SENER) in guaranteeing a constant, timely  and reliable 
supply of hydrocarbons and petroleum products  to the entire population . This is achieved by  
implementing policies aimed at creating  a new business ecosystem and increasing the energy 
supply  to meet dome stic demand.  G/STR/N/16/MEX  
- 4 - 
  i. Imports of liquefied petroleum gas (LPG) : As of 1 January 2 016, LPG import 
permits have been granted  to any interested party that complies with the applicable 
legal provisions.  
ii. Imports of liquid fuels : The Hydrocarbons Law  stipulates  that the market is to open 
up for imports of liquid fuels from 2017, or earlier if conditions allow . The Federal 
Economic Competition Commission (COFECE) accordingly issued a recommendation  in 
which it concluded  that, given  market conditions , it would be possible f or economic 
agents  other than  PEMEX  to import gasoline  and diesel starting in  2016, provided that 
they comply with the applicable legal provisions . On 1 April 2 016, the first import 
permits for gasoline and diesel were issued, thereby encourag ing competiti on and 
broadening supply options . 
iii. It should also be noted that the Diagnosis  of Mexico's Petroleum Products  
Industry  makes reference to  the necessary domestic storage and supply levels for 
petroleum product s, including the number of filling stations  nation wide, the objective  
being to  encourage  decision -making on the development of new business es and 
investment by providing  information about niches of opportunity in Mexico . 
iv. Conditions of market competition : The Regulatory Commission for Energy (CRE) will 
continue to subject  first-hand sales of gasoline, diesel, natural gas and LPG to 
asymmetric regulation principles with a view to limiting  the dominant power of PEMEX 
and avoiding entry barriers for new competitors . It will continue to do this  until there is 
greater involvement of economic agents  to foster increase d market efficiency and 
competiti veness . Prices relating to commercial operations  in refineries and at the 
country's fuel and power entry points  are regulated through formulas . 
D. How import/export le vels are established by the state trading enterprise  
Import and export levels are established on a market basis. 
E. How export prices are determined  
Export prices are determined on the basis of the domestic and international hydr ocarbon s markets.  
F. How th e resale prices of imported products are determined  
Resale prices of imported products are determined on a market basis. 
G. Whether long -term contracts are negotiated by the state trading enterprise  
The c ompany enters into long -term contracts when this mak es sense from a business point of 
view.  
H. Brief description of market structure  
Opening up all activities in the hydrocarbon s value chain is a key component  of the Energy 
Reform . The involvement  of new economic agents (operators, carriers , marketers, etc. ) 
throughout the value chain is fundamental to ensuring  competitive and efficient markets that are 
governed by supply and demand.  
The market structure is described below . It should be noted that, while implementation of the 
Energy Reform  is moving forward  and is expected to increase the involvement of private 
companies , the current infrastructure dates from the old model.  
Mexico's current  refining capacity stands at 1,690  thousand  barrels per day , produced by its  
six refineries . In 2015, total domestic dema nd for petroleum products reached G/STR/N/16/MEX  
- 5 - 
  1,410.8  thousand  barrels per day . The United States has a capacity of 18,307  thousand  barrel s per 
day2, making it a key partner for the continued supply of fuel in Mexico.  
For the moment , the country's industrial processin g facilities  are operated and used by PEMEX . 
However, as a result of  the Reform  and with a view to creating a n efficient business system , new 
investors and operators may be  allowed to engage in this activity . 
Given  the country's  refining capacities and the availability of  domestic  fuel, Mexico imports the 
following percentages of domestic demand:  
- Petrochemicals : 77% 
- Gasoline : 52% 
- Diesel: 37% 
- Jet fuel : 45% 
- LPG: 45% 
- Natural gas : 39% 
As part of the implementation of the new industrial processing , transport, st orage, distribution and 
marketing  model , both PEMEX and private companies engage in these activities, with permits  
issued  by the CRE. Between  January 2 015 and June 2 016, the CRE  granted  a total of 
13,544  permits to various companies, including PEMEX, for the transport, storage, distribution and 
retail sale  of petroleum, petroleum products and petrochemicals.  
As regards  petroleum products , private -sector participation is expected  to increase , as permits 
have been  issued  since 1 January 2 016 to companies othe r than PEMEX for the retail sale  of 
petroleum products . There are already various  fuel franchises and fuel brands available at points of 
sale, and permits have also been granted for imports of gasoline  and diesel . Some figures  are 
given below : 
o As at 2 June  2016, the CRE had issued  11,425 definitive permits to filling stations in 
the country for the retail sale of petroleum products . 
o As at 24 June 2 016, 179 import permits had been granted, 74 for gasoline  and 105 for 
diesel , respectively representing more th an 174.2 % and 280.7 % of domestic demand 
for these products in 2015 . The permit s were issued  to over 100 companies other 
than PEMEX.  
o Between 1 4 August 2 015 and 3 1 March 2 016, 336 permits  were issued  for the 
transport, storage, self -consumption, distribution  and sale of LPG , accounting for more 
than 34 % of domestic demand in 2015 . As at 24 June 2 016, 105 LPG import permits 
had been awarded, representing 352 % of total domestic demand in 2015.  
It should be noted that t he Federal Revenue Law for fiscal year 2016 provides  for a gasoline  and 
diesel retail pricing scheme  that reflects international price trend s. Preparations are therefore 
under way to transition to a pricing scheme  based on market conditions by 2018. The 
aforementioned asymmetric regulation of first-hand sales will be maintained.  
From 1 4 August 2 014 to 10 June 2 016 the CRE issued  a total of 79 permits for natural gas 
transport, storage and distribution ( for compression, decompression, liquefaction, regasification 
and filling stations) . SENER  has granted new permits to PEMEX for the processing of natural gas, 
but has not ruled  out the possibility of issuing  such permits to private companies if the industry so 
requests . 
IV. STATISTICAL INFORMATION  
See Annex. 
                                                
2 Refinery Utilization and Capacity, US Energy Administration Information , May 2016. 
https://www.eia.gov/dnav/pet/pet_pnp_unc_dcu_nus_m.htm . G/STR/N/16/MEX  
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  V. REASON WHY NO FOREIGN TRADE HAS TAKEN PLAC E (AS APPROPRIATE)  
Not applicable.  
VI. ADDITIONAL INFORMATION  
None.  
   
  G/STR/N/16/MEX  
- 7 - 
 
TABLE 1  
STATE TRADING: PEMEX  
STATISTICAL INFORMATION, IMPORTS (2014 -2015)  
Product number  Product name  Quantity imported by 
state trading enterprise  Unit of 
measure ment  Average 
import pri ce 
(Mex$ ) Average 
representative 
domestic sales 
price  Mark -up National 
production  
PEMEX Exploration and Production  
27090001  CRUDE PETROLEUM OILS AND 
CONDENSATE  270,425  Barrel  946.54  n.a n.a n.a 
27101999  HEAVY NAPHTHA  95 Litre 13,308.19  n.a n.a n.a 
28042901 HELIUM GAS  8,308  Litre 569.32  n.a n.a n.a 
28043001  NITROGEN  3,886  Litre 397.75  n.a n.a n.a 
28112101  CARBON DIOXIDE  998 Kg 13,705.32  n.a n.a n.a 
PEMEX Refin ing 
27101202  NAPHTHA (FOR USE AS A 
PRECURSOR FOR AROMATIC 
COMPOUNDS)  1,946,346,721  Litre 7.93 n.a n.a n.a 
27101203  AVIATION FUEL  52,962,924  Litre 11.67  n.a n.a n.a 
27101204  GASOLINE  38,620,386,274  Litre 9.63 n.a n.a n.a 
27101904  DIESEL  15,126,717,317  Litre 9.06 n.a n.a n.a 
27101905  FUEL OIL  1,696,035,373  Litre 6.44 n.a n.a n.a 
27101908  JET FUEL 1,834,866,134  Litre 8.28 n.a n.a n.a 
27111401  BUTANE -BUTYLENE  5,801,430  Litre 8.76 n.a n.a n.a 
28182001  ALUMINA ( ALUMINIUM OXIDE ) 43,636  Kg 33.24  n.a n.a n.a 
29011001  BUTANE  186,565,803  Litre 3.83 n.a n.a n.a 
29011099  ISOBUTANE  544,913,531  Litre 6.10 n.a n.a n.a 
29091903  METHYL -TERT-BUTYL ETHER  817,900,385  Kg 15.61  n.a n.a n.a 
29321201  2-FURALDEHYDE 
(FURFURALDEHYDE)  834,283  Kg 31.04  n.a n.a n.a 
PEMEX Gas and Basic Petrochemicals  
27111101  LIQUEFIED NATURAL GAS  2,227,018,098  Litre 4.88 n.a n.a n.a 
27111201  PROPANE GAS  8,380,605,868  Litre 3.79 n.a n.a n.a 
27111301  BUTANE  31,029,538  Litre 4.85 n.a n.a n.a 
27111901  BLENDED BUTANE AND PROPANE, 
LIQUEFIED  
(LIQUEFIED PETROLEUM GAS)  1,598,149,464  Litre 4.25 n.a n.a n.a 
34029099  DEMULSIFIER  916 Kg 7,046 .33 n.a n.a n.a   
  G/STR/N/16/MEX  
- 8 - 
 
Product number  Product name  Quantity imported by 
state trading enterprise  Unit of 
measure ment  Average 
import pri ce 
(Mex$ ) Average 
representative 
domestic sales 
price  Mark -up National 
production  
PEMEX Petr ochemicals  
27073001  XYLENE  6,877,064  Litre 13.58  n.a n.a n.a 
27101999  HEAVY NAPHTHA  71,829  Litre 45.13  n.a n.a n.a 
28111999  HYDROGEN SULFIDE  3,153  Kg 164.65  n.a n.a n.a 
28141001  ANHYDROUS AMMONIA  45,730,422  Litre 5.99 n.a n.a n.a 
28182001  ALUMINA ( ALUMINIUM OXIDE ) 210,966  Kg 88.33  n.a n.a n.a 
28309099  IMP-PCN-1 AMMONIUM 
POLYSULFIDE  20,475  Kg 18.14  n.a n.a n.a 
28322099  AMMONIUM BISULPHITE  53,087  Kg 53.64  n.a n.a n.a 
29012301  1-BUTENE  27,657,468  Kg 23.03  n.a n.a n.a 
2901299 9 1-HEXENE  8,192,206  Kg 26.27  n.a n.a n.a 
29023001  TOLUENE  39,442,681  Litre 12.65  n.a n.a n.a 
29051101  METHANOL  95,001,254  Litre 4.93 n.a n.a n.a 
29072999  TERT-BUTYLCATECHOL  8,000  Kg 117.77  n.a n.a n.a 
29095001  HYDROQUINONE METHYL ETHER  17,925  Kg 199.5 4 n.a n.a n.a 
29096099  CATALYST  (DI-TERT-BUTYL 
PEROXIDE ) 29,190  Kg 103.64  n.a n.a n.a 
29159015  CATALYST X -12 (TERT -BUTYL 
PEROCTOATE) AND PEROXAN 
PO-50 (TERT-BUTYL PEROXY -2-
ETHYLHEXANOATE ) 60,480  Kg 100.53  n.a n.a n.a 
29159099  TERT-BUTYL PEROCTOATE 
(CATA LYST X -12) 30,330  Kg 117.15  n.a n.a n.a 
29212101  ETHYLENEDIAMINE  39,975  Kg 35.83  n.a n.a n.a 
29212199  ETHYLENEDIAMINE  40,000  Kg 41.76  n.a n.a n.a 
29241904  ERUCAMIDE  38,094  Kg 74.27  n.a n.a n.a 
29319099  ORGANIC -INORGANIC 
COMPOUND  
(TRIETHYLALUMINIUM ) 186,001 Kg 134.68  n.a n.a n.a 
29349999  SULFOLANE  92,456  Kg 56.79  n.a n.a n.a 
34021399  SURFACE ACTIVE AGENTS  6,850  Kg 94.61  n.a n.a n.a 
34029099  DEMULSIFIER  298,200  Kg 85.30  n.a n.a n.a 
38119099  GASOLINE ADDITIVE  19,082,600  Kg 96.53  n.a n.a n.a 
38123099  ANTIOXIDANT POLYMER 
ADDITIVE  1,243,355  Kg 52.34  n.a n.a n.a 
38151199  CATALYST  221,883  Kg 287.86  n.a n.a n.a 
38151299  CATALYST  195,060  Kg 758.43  n.a n.a n.a 
38151999  CATALYST  459,216  Kg 540.66  n.a n.a n.a 
38159003  CATALYST  954 Kg 2,150.89  n.a n.a n.a 
38159099  CATALYST  192,513  Kg 197.28  n.a n.a n.a   
  G/STR/N/16/MEX  
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Product number  Product name  Quantity imported by 
state trading enterprise  Unit of 
measure ment  Average 
import pri ce 
(Mex$ ) Average 
representative 
domestic sales 
price  Mark -up National 
production  
38248101  IMP-IDAP-2010 ASPHALTENE 
INHIBITOR  12,284,920  Kg 106.25  n.a n.a n.a 
38249099  SEQUESTERING AGENT FOR 
CATALYST  8,268,568  Kg 98.05  n.a n.a n.a 
PEMEX Industrial Processing  
22072001  DENATURED ETHYL ALC OHOL  416 Litre 8.84 n.a n.a n.a 
27101202  NAPHTHA (FOR USE AS A 
PRECURSOR FOR AROMATIC 
COMPOUNDS)  86,174,297  Litre 5.70 n.a n.a n.a 
27101203  AVIATION FUEL  3,725,683  Litre 10.28  n.a n.a n.a 
27101204  GASOLINE  4,298,727,349  Litre 7.85 n.a n.a n.a 
27101904  DIESEL  1,352,592,979  Litre 6.70 n.a n.a n.a 
27101905  FUEL OIL  63,848,985  Litre 4.21 n.a n.a n.a 
27101908  JET FUEL  244,539,637  Litre 6.33 n.a n.a n.a 
27111201  PROPANE GAS  1,199,667,678  Litre 2.97 n.a n.a n.a 
27111901  BLENDED BUTANE AND PROPANE, 
LIQUEFIE D 
(LIQUEFIED PETROLEUM GAS)  112,257,354  Litre 2.84 n.a n.a n.a 
29011001  BUTANE  36,480,383  Litre 4.23 n.a n.a n.a 
29011099  ISOBUTANE  10,401,414  Litre 4.23 n.a n.a n.a 
29051101  METHANOL  6,365,608  Litre 4.13 n.a n.a n.a 
29091903  METHYL TERT -BUTYL ETHER  56,072,970  Kg 10.69  n.a n.a n.a 
29159099  TERT-BUTYL PEROCTOATE 
(CATALYST X -12) 15,120  Kg 125.82  n.a n.a n.a 
29321201  2-FURALDEHYDE 
(FURFURALDEHYDE)  158,086  Kg 37.52  n.a n.a n.a 
38119099  GASOLINE ADDITIVE  406,569  Kg 141.31  n.a n.a n.a 
38123099  ANTIOXIDANT  POLYMER 
ADDITIVE  42,000  Kg 53.09  n.a n.a n.a 
38130001  PREPARATION FOR FIRE 
EXTINGUISHERS  70,920  Kg 204.91  n.a n.a n.a 
38151199  CATALYST  4,198  Kg 492.14  n.a n.a n.a 
38151999  CATALYST  2,455,604  Kg 59.67  n.a n.a n.a 
38159003  CATALYST  4,376  Kg 942.78  n.a n.a n.a 
38159099  CATALYST  37,680  Kg 120.47  n.a n.a n.a 
38249099  SEQUESTERING AGENT FOR 
CATALYST  1,080,990  Kg 84.42  n.a n.a n.a   
  G/STR/N/16/MEX  
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Product number  Product name  Quantity imported by 
state trading enterprise  Unit of 
measure ment  Average 
import pri ce 
(Mex$ ) Average 
representative 
domestic sales 
price  Mark -up National 
production  
PEMEX Et hylene  
29012301  1-BUTENE  1,657,716  Kg 18.49  n.a n.a n.a 
29319099  ORGANIC -INORGANIC 
COMPOUND  
(TRIETHYLALUMINIUM ) 10,800 Kg 131.87  n.a n.a n.a 
PEMEX Fertilizer s 
28141001  ANHYDROUS AMMONIA  47,877,649  Litre 4.74 n.a n.a n.a 
38159099  CATALYST  27,360  Kg 154.76  n.a n.a n.a 
 
n.a.: Not available.    
  G/STR/N/16/MEX  
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TABLE II  
STATE TRADING: PEMEX  
STATISTICAL INFORMATION, EXPORTS (2014 -2015)  
Product number  Product name  Quantity exported by 
state trading 
enterprise  Unit of 
measure ment  Average 
procurement 
price  Average 
representative 
domestic sales 
price  Average 
export price 
(Mex$ ) National 
production  
PEMEX Exploration and Production  
27090001  CRUDE PETROLEUM OILS AND 
CONDENSATE  877,060,775  Barrel  n.a. n.a. 925.00  n.a. 
PEMEX Refin ing 
27101204  GASOLINE  406 Litre n.a. n.a. 21.72  n.a. 
27101904  DIESEL  164,053  Litre n.a. n.a. 10.49  n.a. 
27101905  FUEL OIL  13,615,064,124  Litre n.a. n.a. 5.02 n.a. 
27101999  HEAVY NAPHTHA  522,502,203  Litre n.a. n.a. 5.13 n.a. 
27131101  COKE  55,685,195  Kg n.a. n.a. 0.31 n.a. 
PEMEX Gas and Basic Petrochemicals  
25030001  LIQUID SULPHUR  575,764,805  Kg n.a. n.a. 0.73 n.a. 
27090001  CRUDE PETROLEUM OILS AND 
CONDENSATE  11,745 ,831 Barrel  n.a. n.a. 76.05  n.a. 
27101201  LIGHT NAPHTHA  4,860,995,380  Litre n.a. n.a. 8.50 n.a. 
27101299  LIGHT NAPHTHA  651,909,213  Litre n.a. n.a. 6.00 n.a. 
27101999  HEAVY NAPHTHA  1,597,146,882  Litre n.a. n.a. 5.53 n.a. 
27111201  PROPANE GAS  64,557,384  Litre n.a. n.a. 2.20 n.a. 
27111901  BLENDED BUTANE AND PROPANE, 
LIQUEFIED  
(LIQUEFIED PETROLEUM GAS)  12,618,014  Litre n.a. n.a. 5.25 n.a. 
PEMEX Petrochemicals  
29012101  ETHYLENE  14,659,010  Kg n.a. n.a. 14.47  n.a. 
29012401  CRUDE BUTADIENE  82,761,473  Kg n.a. n.a. 9.51 n.a. 
29022001  BENZENE  12,708,130  Litre n.a. n.a. 13.23  n.a. 
29025001  STYRENE  14,540,284  Kg n.a. n.a. 20.31  n.a. 
29053101  PURE MONOETHYLENE GLYCOL  401,410  Kg n.a. n.a. 7.44 n.a. 
29094903  TRIETHYLENE GLYCOL  756,980  Kg n.a. n.a. 20.90  n.a. 
39011001  LOW-DENSITY POLYETHYLENE  11,495,075  Kg n.a. n.a. 18.56  n.a. 
39012001  HIGH -DENSITY POLYETHYLENE  6,486,825  Kg n.a. n.a. 18.08  n.a. 
39019099  BUTENE COPOLYMER  16,150,200  Kg n.a. n.a. 18.36  n.a.   
  G/STR/N/16/MEX  
- 12 - 
 
Product number  Product name  Quantity exported by 
state trading 
enterprise  Unit of 
measure ment  Average 
procurement 
price  Average 
representative 
domestic sales 
price  Average 
export price 
(Mex$ ) National 
production  
PEMEX Industrial Processing  
25030001  LIQUID SULPHUR  43,615,759  Kg n.a. n.a. 0.41 n.a. 
27101201  LIGHT NAPHTHA  472,609,730  Litre n.a. n.a. 9.95 n.a. 
27101299  LIGHT NAPHTHA  45,413,421  Litre n.a. n.a. 4.12 n.a. 
27101904  DIESEL  44 Litre n.a. n.a. 23.18  n.a. 
27101905  FUEL OIL  1,186,876,884  Litre n.a. n.a. 2.52 n.a. 
27101999  HEAVY NAPHTHA  105,338,704  Litre n.a. n.a. 4.38 n.a. 
PEMEX  Ethylene  
29012101  ETHYLENE  1,500,000  Kg n.a. n.a. 10.39  n.a. 
29012401  CRUDE BUTADIENE  3,360,130  Kg n.a. n.a. 7.36 n.a. 
39019099  BUTENE COPOLYMER  674,875  Kg n.a. n.a. 15.29  n.a. 
 
n.a.: Not available.  
 
 G/STR/N/16/MEX  
- 13 - 
  TABLE III  
STATE TRADING: PEMEX  
STATISTICAL INFORMATION, DOMESTIC ACTIVITIES (2014 -2015)  
Description of 
products  Domestic 
purchases by 
state trading 
enterprise  National production  Domestic sales by 
state  trading  
enterprise  National 
consumption  
CRUDE OIL  
27090001  n/a 
 4.70 MMbc/d 
(million barrels of crude 
per day)  n.a. n.a. 
LPG 
27111901  n/a 
 379 Kb/d  
(thousand barrels per day) n.a. n.a. 
NATURAL GAS  
27112101  n/a 
 12.93 Bcf/d 
(billion cubic feet per day)  n.a. n.a. 
GASOLINE  
27101204  n/a 
 1,569 Kb/d  
(thousand barrels per day)  1,569 Kb/d  
(thousand barrels per day)  n.a. 
DIESEL  
27101904  n/a 
 562 Kb/d  
(thousand barrels per day)  n.a. n.a. 
FUEL OIL  
27101905  n/a 
 496 Kb/d  
(thousand barrels per day)  n.a. n.a. 
JET FUEL  
27101908  n/a 
 101 Kb/d  
(thousand barrels per day)  n.a. n.a. 
 
n/a: Not applicable.  
n.a.: Not available.  G/STR/N/16/MEX  
- 14 - 
  FEDERAL ELECTRICITY COMMISSION  
 
I. ENUMERATION OF STATE TRADING ENTERPRISES  
 
A. Identification of state trading enterprise s 
 
Federal Electricity Commission  (CFE)  
 
B. Descripti on of products affected  
 
Electrical energy, Harmonized System heading  2716. 
 
II. REASON AND PURPOSE  
 
A. Reason or purpose for establishing and/or maintaining state trading enterprise  
 
The CFE is a State production enterprise that is wholly owned by the Fed eral Government . It has 
its own legal status and assets , and enjoys technical, operational and managerial autonomy , 
pursuant to Article 2 of the Law on the Federal Electricity Commission.  
The CFE's mission is to provide the public service of electricity tr ansmission and distribution on 
behalf of and by order of the Mexican State, and to carry out  activities relating to the generation, 
transmission, distribution and marketing of electricity, pursuant to Article 5 of the Law on the 
Federal Electricity Commiss ion. 
 
The CFE's purpose is to develop business, economic, industrial and com mercial activitie s in 
keeping with its mission  in order to generate economic value and profits for its owner, the Mexican 
State, pursuant to Article 4 of the Law on the Federal Ele ctricity Commission . 
 
B. Legal basis  
 
Mexico's energy sector is regulated by : the Political Constitution of the United Mexican States, the 
Law on the Electricity Industry , the Law on the Federal Electricity Commission , the Regulations 
implementing  the Law on the Electricity Industry , secondary legislation concerning  energy, and 
other applicable provisions.  
 
III. DESCRIPTION OF THE FUNCTIONING OF THE STATE TRADING ENTERPRISE  
 
A. Summary statement providing overview of operations of the state trading enterpri se 
 
See part A of Section II above.  
B. Specification of exclusive or special rights or privileges enjoyed by the state trading 
enterprise  
 
Article 2 of the Law on the Electricity Industry stipulates that the State shall maintain  ownership of 
planning and c ontrol of the national electricity s ystem  and the public service of e lectricity 
transmission and distribution, as these are considered strategic areas . At the same time, Article  2 
provides for the possibility of entering into contracts with private compani es on the terms set forth 
in the Law. Under national legislation, the CFE may therefore receive allo cations  by the State for 
the transmission and distribution of electricity.  
 
C. Type of entities other than the state trading enterprise that are allowed to engage in 
importation/exportation and conditions for participation  
 
Mexico's energy model was redefined by the Energy Reform and the resulting legislation adopted 
between  2013 and 2015. The CFE thus became  a State -owned production enterprise with a 
mission  to generate value . A new governing bod y and corporate structure were put in place to 
enable the CFE  to compete effectively in the new markets and contribute to the sustainable 
development of Mexico's energy sector . Article 4 of the Law on the Electricity Industry stipulates 
that the generati on and marketing of electricity  are services provided on the basis of free 
competition , so that new players can compete in and enhance  the energy market.  G/STR/N/16/MEX  
- 15 - 
   
D. How import/export levels are established by the state trading  enterprise  
 
Import and export levels are established on a market basis . 
 
E. How export prices are determined  
 
Export prices are determined the basis of the domestic and international energy markets.  
F. How the resale prices of imported products are determ ined 
 
Resale prices of imported products are determined on a market basis . 
 
G. Whether long -term contracts are negotiated by the state trading enterprise  
 
The CFE may enter into long -term contract s with new supplier s. Only basic supply is  subject to 
auctio n, while qualified suppl y requires  authorization from the Board of Directors.  
 
Prior to the introduction of suppliers , long-term contracts were controlled by the Directorate for 
the Administration of Contracts for External Pro ducers  (DACPE).  
 
H. Brief description of market structure  
 
 
[Type a quote from the document or the summary of an interesting point. You can text b  
 
 
IV. STATISTICAL INFORMATION  
See A nnex. 
V. REASON WHY NO FOREIGN TRADE HAS TAKEN PLACE (AS APPROPRIATE)  
Not applicable.  
VI. ADDITIONAL INFORMATION  
None.  
Generation  Supply  Consumption  
Short -term  
transactions  
CENACE  
National Energy Control Centre  Qualified  
Supply  
Spot Market  Qualified users  Operational control 
and electricity market  Supply  
Basic users  
Basic Supply  Auctions  Long -term 
contracts  
and contracts  and contracts  
Distribution  Transmission  Private 
companies  Subsidiary  Subsidiary  Subsidiary  Qualified users    
  G/STR/N/16/MEX  
- 16 - 
 
TABLE I  
STATE TRADING: FEDERAL ELECTRICITY COMMISSION  
STATISTICAL INFORMATION, IMPORTS 2014 
Description of 
product(s)  Total quantity 
imported  
(MW)  Quantity imported by 
state trading 
enterprise  
(Mex$ ) Average import 
price  Average 
represen tative 
domestic sales  
price  Mark -up 
(Mex$ ) National production  
Electrical energy  
(HS 2716)  568,400.00 405,966,083. 62 Not available  Not available  1,511. 97 Not available  
 
 
STATE TRADING: FEDERAL ELECTRICITY COMMISSION  
STATISTICAL INFORMATION, IMPORTS 2015 
Description of 
product(s)  Total quantity 
imported  
(MW)  Quantity imported 
by state trading 
enterprise  
(Mex$ ) Average import 
price  Average 
representative 
domestic sales 
price  Mark -up 
(Mex$ ) National production  
Electrical energy  
(HS 2716)  292,931. 24 238,373, 585.04 Not available  Not available  1,675. 84 Not available  
   
  G/STR/N/16/MEX  
- 17 - 
 
TABLE II  
STATE TRADING: FEDERAL ELECTRICITY COMMISSION  
STATISTICAL INFORMATION, EXPORTS 2014 
Description of 
product(s)  
 Total quantity 
exported  
(MW)  Quantity exported by state 
trading enterprise  
(Mex$ ) Average 
procurement price  Average representative 
domestic sales  
price  Average export 
price  
(Mex$ ) National 
production  
Electrical energy   1,214,311.36 1,089,272,298.14 Not available  Not available  2,829.15 Not available  
 
 
 
STATE TRADING: FEDERAL ELE CTRICITY COMMISSION  
STATISTICAL INFORMATION, EXPORTS 2015 
Description of 
product(s)  Total quantity 
exported  
(MW)  Quantity exported by 
state trading enterprise 
(Mex$ ) Average 
procurement price  Average representative 
domestic sales  
price  Average export 
price  
(Mex$ ) National 
production  
Electrical energy  1,153,729.42 889,000,180.94 Not available  Not available  6,577.63 Not available  
   
  G/STR/N/16/MEX  
- 18 - 
 
TABLE III  
STATE TRADING: FEDERAL ELECTRICITY COMMISSION  
STATISTICAL INFORMATION, DOMESTIC ACTIVITIES 2014-2015 
Year Description  of product(s) 
(including HS number(s))  Domestic purchases by state 
trading enterprise  National production  Domestic sales by state  
trading enterprise  National consumption  
2015 2716. Electrical energy   280,439,658,816 kWh 280,439,658,816 kWh 212,200,817,318 kWh 237,431,458,761 kWh 
2014 2716. Electrical energy  273,229,395,664 kWh 273,229,395,664 kWh 208,014,908,186 kWh 228,898,205,143 kWh 
 
__________