Mexico continues to send large quantities of oil to Cuba

Mexico has significantly increased its subsidized oil shipments to Cuba in 2025, reaching levels comparable to the combined total of the previous two years.

PemexPhoto © Pemex

Mexico has intensified the shipments of , with operations that far exceed those carried out in previous years, as reported in an article published this Saturday.

A report from Mexicanos Contra la Corrupción y la Impunidad (MCCI) revealed that between May and June of this year, Pemex recorded 39 shipments to the island valued at a total of 850 million dollars, equivalent to about 16 billion pesos.

The export volume in just that month —10.2 million barrels of crude oil and 132.5 million liters of jet fuel, diesel, and regular gasoline— nearly matches the value of shipments accumulated over the previous two years, which amounted to 1 billion dollars between July 2023 and September 2024.

According to records of foreign trade consulted by MCCI, the operations were carried out through Gasolinas del Bienestar S.A. de C.V., a subsidiary of Pemex created to export hydrocarbons to the island, despite the National Institute for Transparency ordering the oil company to disclose details such as quantities, costs, and responsible parties, following complaints about a lack of transparency.

Most of the shipments departed from the customs in Coatzacoalcos, Veracruz, while one left from the port of Tampico, Tamaulipas, carrying 6.8 million liters of diesel.

Shipments continued in July, as confirmed by satellite tracking.

In fact, on August 11, the Cuban tanker Sandino was anchored in front of the Pemex maritime terminal in the Laguna de Pajaritos, Coatzacoalcos, from where the shipments are supplied. The ship had previously departed from Havana on June 27.

As the importer of these operations, the state-owned Coreydan, S.A. is located in the building on Calle Amistad 552 in Centro Habana, which is also the headquarters of CUPET (Cuba-Petroleum Union), the state enterprise that controls the island's oil industry, the report reveals.

In a shipment on June 19, which included eight million liters of gasoline, the Secretariat of Foreign Relations of Mexico (SRE) was even registered as the importer, according to the customs documents.

These developments confirm the close energy cooperation between Mexico and Cuba at a time when the island is experiencing a severe economic and energy crisis, characterized by prolonged blackouts and fuel shortages.

Moreover, Mexico did not heed the recommendations of the United States, which in 2023 canceled a loan to PEMEX for 800 million dollars after discovering that the government of Andrés Manuel López Obrador had gifted fuel to the Cuban regime.

In February, it became known that PEMEX was facing a debt of more than 300 million dollars due to oil shipments to the island over the past two years.

Although Mexico denied giving fuel to the island, shipments have surged without a clear indication of how they are being paid for.

Frequently Asked Questions about the Shipment of Oil from Mexico to Cuba

How much oil has Mexico sent to Cuba in 2025?

Mexico has sent a total of 10.2 million barrels of crude oil and 132.5 million liters of jet fuel, diesel, and regular gasoline to Cuba in 2025. These shipments have been carried out through Gasolinas del Bienestar S.A. de C.V., a subsidiary of Pemex created to manage these operations.

Why does Mexico continue to send oil to Cuba despite the criticism?

Mexico argues that these are legitimate trade agreements and insists that it is not giving away oil, but rather selling it under agreed conditions. This support is part of a policy to back the Cuban regime amid its energy crisis, despite international criticism and recommendations against it.

What is the financial impact of Mexico's oil shipments to Cuba?

Pemex faces a debt of over 300 million dollars due to oil shipments to Cuba in the last two years. The establishment of the subsidiary Gasolinas Bienestar, which manages these shipments, has resulted in losses and significant indebtedness for the Mexican state oil company.

What role does Gasolinas Bienestar S.A. de C.V. play in the oil shipments to Cuba?

Gasolinas Bienestar S.A. de C.V. is a subsidiary of Pemex created to manage the shipments of oil to Cuba. This company prevents the shipments from being handled through PMI, Pemex's subsidiary that conducts international transactions, which could face sanctions. The establishment of this subsidiary is part of a strategy to circumvent potential international sanctions.

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CiberCuba Editorial Team

A team of journalists committed to reporting on Cuban current affairs and topics of global interest. At CiberCuba, we work to deliver truthful news and critical analysis.