Oct 27 (Reuters) – Mexican state energy company Pemex reported a 61.25 billion peso ($3.34 billion) third-quarter net loss on Monday, according to a filing with the Mexican stock exchange.
Revenues for one of the country’s biggest companies during the July-to-September period totaled 378.9 billion pesos.
Pemex reported that it pumped with partners an average of 1.66 million barrels per day (bpd) of crude oil and condensates during the quarter, a fall of 6.7% from the same quarter last year.
On Friday, Chief Executive Victor Rodriguez said the company aims to maintain crude oil output between 1.6 and 1.7 million bpd despite battling a monthly decline of about 30,000 bpd due to depleted fields and a lack of major discoveries.
Rodriguez added that Pemex plans to reduce exports and process around 1.4 million bdp domestically across seven refineries.
The company processed an average of 1.01 million bpd in the third quarter, 4.8% more than in the same quarter last year.
($1 = 18.3147 Mexican pesos at end-September)
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