STATISTICAL YEARBOOK PeMeX 2013

Transcription

1 STATISTICAL YEARBOOK PeMeX

2 Content 1 PETRÓLEOS MEXICANOS 1.1 Summary of Consolidated operating statistics 1.2 Income statement 1.3 Balance sheet as of December Capital investment 1.5 Statistics on safety and environmental protection 1.6 Employees 2 EXPLORATION AND PRODUCTION 2.1 Hydrocarbon reserves and production 2.2 Crude Oil and gas reserves, Drilling and production 2.4 Drilling 2.5 Crude oil production by region and asset 2.6 Crude oil production by type and region 2.7 Crude oil production in selected fields 2.8 Natural gas production by region and asset 2.9 Natural gas production in selected fields 2.10 Crude oil and natural gas production by states 2.11 Crude oil distribution 2.12 Natural gas distribution 3 GAS 3.1 Processing capacity 3.2 Natural gas processing and production 3.3 Dry gas balance 3.4 Gas processing by center 3.5 Domestic sales of dry gas, LPG and petrochemicals 4 REFINING 4.1 Refining capacity 4.2 Refining production 4.3 Production by refinery 4.4 Value of domestic sales 4.5 Volume of domestic sales 4.6 Domestic sales of refined products by region, Average end-user prices of selected refined products 4.8 Service stations by state 5 PETROCHEMICALS 5.1 Installed capacity by complex 5.2 Petrochemical production 5.3 Production by petrochemical complex 5.4 Value of petrochemical domestic sales 5.5 Volume of petrochemical domestic sales 5.6 Average end-user prices of selected petrochemicals 6 INTERNATIONAL TRADE 6.1 Hydrocarbon exports and imports 6.2 Value of crude oil exports by destination 6.3 Volume of crude oil exports by destination 6.4 Crude oil exports to selected countries 6.5 Crude oil prices 6.6 Crude oil prices by destination 6.7 Refined products and dry gas exports and imports 6.8 Petrochemicals exports and imports 7 INTERNATIONAL COMPARISONS 7.1 Proved oil reserves 2013, selected countries 7.2 Proved natural gas reserves 2013, selected countries 7.3 Oil production 2012, selected countries 7.4 Natural gas production 2012, selected countries 7.5 Atmospheric distillation capacity 2011, top petroleum companies 7.6 Top petroleum companies by crude oil production Top petroleum companies by natural gas production Top petroleum companies by sales 2011 GLOSSARY AND NOMENCLATURE

3 01 PETRÓLEOS MEXICANOS Infrastructure of the Mexican Petroleum Industry 2012 Producing fields 449 Producing wells (annual average) 9,439 Offshore platforms 232 Natural gas processing centers Gas sweetening plants 20 Cryogenic plants 21 Liquids fractionating plants 9 Condensate sweetening plants 6 Sulfur recovery plants 14 Refineries 6 Petrochemical centers 8 Petrochemical plants 37 LPG distribution terminals 18 Storage and distribution terminals of refined products Summary of consolidated operating statistics 1.2 Income statements Oil Tankers* 17 Tank Trucks* 1,360 Tank Cars* 525 * Exclude third parties 1.3 Balance sheet as of December Capital investment 1.5 Statistics on safety and environmental protection 1.6 Employees 3

4 1.1 Summary of consolidated operating statistics Change 2012/2011 % Natural gas production million cubic feet per day Production (Mbd) Liquid hydrocarbons 3,585 3,789 3,825 3,760 3,683 3,471 3,157 2,971 2,954 2,937 2, Crude oil 3,177 3,371 3,383 3,333 3,256 3,076 2,792 2,601 2,577 2,553 2, Condensates and Liquids Natural gas (MMcfd) 4,423 4,498 4,573 4,818 5,356 6,058 6,919 7,031 7,020 6,594 6, Crude oil processing 1,245 1,286 1,303 1,284 1,284 1,270 1,261 1,295 1,184 1,167 1, Refined products a 1,481 1,556 1,587 1,554 1,546 1,512 1,491 1,525 1,416 1,379 1, Petrochemicals b and LPG (Mt) 9,880 10,298 10,731 10,603 10,961 11,757 11,973 11,956 13,192 12,384 10, Naphthas (Mt) 3,243 3,347 3,486 3,402 3,543 3,273 2,884 2,931 3,045 3,163 2, Domestic sales Volume (Mbd) Refined products and LPG 1,660 1,685 1,719 1,772 1,763 1,817 1,827 1,772 1,763 1,788 1, LPG c Motor gasolines Jet fuel Diesel Fuel oil Others d Dry gas (MMcfd) 2,425 2,622 2,756 2,634 2,952 3,064 3,086 3,119 3,255 3,383 3, Petrochemicals e (Mt) 3,252 3,146 3,533 3,750 3,827 3,993 4,134 4,014 4,164 4,224 4, ,000 7,000 6,000 5,000 4,000 3,000 2,000 1, Domestic sales of automotive gasolines thousand barrels per day Value (millon pesos) 500 Refined products and LPG 161, , , , , , , , , , , LPG c 26,156 36,883 42,704 48,575 52,755 54,517 56,051 49,511 53,460 58,075 65, Motor gasolines 69,756 99, , , , , , , , , , Jet fuel 5,194 7,229 10,951 16,241 18,897 23,369 31,936 18,321 22,935 31,560 36, Diesel 30,245 44,707 61,473 78,736 88,374 96, , , , , , Fuel oil 26,709 30,896 31,529 39,521 43,299 42,396 61,670 51,908 56,767 80,265 99, Others d 3,284 4,032 4,785 5,966 8,892 9,416 16,306 13,410 12,604 15,411 15, Dry gas 30,313 51,208 69,230 79,065 75,299 78, ,436 58,102 67,141 64,466 50, Petrochemicals e 8,321 12,270 19,016 23,079 24,308 25,584 32,746 23,616 31,573 37,336 36, a. Includes LPG from processing plants of Pemex-Gas and Basic Petrochemicals, Pemex-Refining and Pemex-Exploration and Production, also gasnaphtha from Pemex-Petrochemical. b. Includes petrochemicals manufactured by Pemex-Petrochemical, Pemex-Refining and ethane and sulfur produced by Pemex-Gas and Basic Petrochemicals. Of the refined products of Pemex-Petrochemical, includes octane base gasoline, heavy naphtha and amorphous gasoline, excludes gasnaphtha. c. Includes propane (basic petrochemical). d. Includes gasnaphtha from Pemex-Petrochemical and pentanes. e. Includes solvents, while excludes propane, pentane and gasnaphtha. 4

5 1.1 Summary of consolidated operating statistics (continued) Change 2012/2011 % Foreign trade Volume (Mbd) Liquid hydrocarbons net exports 1,617 1,821 1,789 1,670 1,612 1,371 1, Crude oil exports 1,705 1,844 1,870 1,817 1,793 1,686 1,403 1,222 1,361 1,338 1, Refined products f Exports Imports Dry gas (MMcfd) Exports Imports , Petrochemicals (Mt) Exports Imports Value (millon dollars) Crude oil exports 13,392 16,676 21,258 28,329 34,707 37,937 43,342 25,605 35,985 49,380 46, Refined products f Exports 1,182 1,614 1,947 2,991 3,595 4,052 5,537 4,657 4,764 6,194 4, Imports 2,495 2,423 3,792 7,859 10,029 15,797 21,893 13,308 20,335 29,408 29, Dry gas Exports Imports 775 1,526 1,715 1,398 1, , ,272 1, Petrochemicals Exports Imports Prices (dollars per barrel) Exports Crude oil g Istmo Maya Olmeca LPG Jet fuel Diesel Fuel oil (high sulfur content) Impors LPG Gasolines Fuel oil (low sulfur content) Natural gas (US$/MMBtu) f. Includes naphthas and condensates. g. Crude oil basket. 5

6 1.2 Income statement a million pesos consolidated Income statement million pesos (million dollars) c Total sales 481, , , ,643 1,062,495 1,136,035 1,328,950 1,089,921 1,282,064 Domestic sales 314, , , , , , , , ,853 Export sales 167, , , , , , , , ,908 Services income 1,061 4,778 5,292 5,303 Cost of sales 157, , , , , , , , ,355 Gross income 323, , , , , , , , ,709 General expenses 47,105 50,744 54,280 68,711 78,041 84, , , ,253 Total sales 1,558,454 1,646, ,587 Domestic sales 779, ,037 66,643 Export sales 772, ,699 59,392 Services income 6,291 7, Cost of sales 778, ,491 63,988 Gross income 779, ,422 62,599 General expenses 107, ,101 9,078 Transportation and distribution expenses 14,962 15,549 17,574 21,911 24,019 24,799 33,962 31,856 33,274 Transportation and distribution expenses 26,710 28,488 2,190 Administrative expenses 32,143 35,195 36,706 46,800 54,022 60,141 69,844 68,653 70,979 Operating income 276, , , , , , , , ,457 Other revenues (expenses) - net ,961 11,154 11,837 69,742 83, ,991 40,293 71,586 Comprehensive financing cost b -13,773-30,742-7,048-4,479-22,983-20, ,512-15,308-11,969 Administrative expenses 80,777 89,613 6,888 Other revenues (expenses) - net- 189, ,019 16,066 Operating income 861, ,339 69,587 Comprehensive financing cost b -92,795-4, Participation in Subsidiaries and Associates Results 5,545-1,965-1,291 1,541 Participation in Subsidiaries and Associates Results , Income before taxes and duties 263, , , , , , , , ,613 Income before taxes and duties 767, ,246 69,580 Hydrocarbon extraction duties and other 179, , , , , , , , ,141 Hydrocarbon extraction duties and other 874, ,646 69,380 Special tax on production and services Initial cumulative effect due to the adoption of new accounting standards 114,491 94,076 54,705 20, ,013-10,469-1, Net income -106,942 2, Other income -6, ,843-28,965 Integral utility b (loss) -113, ,242-28,766 Net income -30,492-40,644-25,496-76,282 45,252-18, ,076-94,662-46,527 Income* and taxes millions of mexican pesos 900, , , , , , , , ,000 0 Income Taxes & duties * Income before taxes & duties a. Audited results under FRS (Financial Reporting Standards). Includes Petróleos Mexicanos, subsidiary entities and subsidiary companies. b. Until 2003, only net interest cost is considered. Since 2004 net money exchange and monetary position in addition to net interest cost is used. c. For reference purposes, the money exchange conversions from pesos to US dollar, have been made to the 2012 exchange rate of Ps = US$ a. Audited results under FRS (Financial Reporting Standards). Includes Petróleos Mexicanos, subsidiary entities and subsidiary companies. b. Until 2003, only net interest cost is considered. Since 2004 net money exchange and monetary position in addition to net interest cost is used. 6

7 1.3 Balance sheet as of December 31 a million pesos (million dollars) b Total assets 697, , ,527 1,042,560 1,204,734 1,330,281 1,236,837 1,332,037 1,395,197 1,981,374 2,024, ,585 Current assets 123, , , , , , , , , , ,142 24,453 Properties, plant and equipment 486, , , , , , , ,592 1,061,388 1,592,425 1,658, ,496 Others 87, , , , , ,874 27,483 14,749 17,898 58,429 47,307 3,636 Total liabilities 596, , ,184 1,069,430 1,164,781 1,280,373 1,209,952 1,398,877 1,506,499 1,878,197 2,295, ,421 Short term liabilities 113, , , , , , , , , , ,804 18,125 Long term liabilities 482, , , , , ,909 1,033,987 1,155,917 1,299,245 1,624,752 2,059, ,296 Equity 100,696 45,861 33,343-26,870 39,954 49,908 26,885-66, , , ,066-20,835 Certificates of contribution 10,222 82,620 86,909 89,805 93,445 96,958 96,958 96,958 96,958 49,605 49,605 3,813 Restatement of equity 190, , , , , , Accumulated net income (losses) -109, , , , , , , , , , ,091-9,000 Others 9,804-25,662 44,531 80,193 91, , , , , ,579-15,648 Total liabilities and equity 697, , ,528 1,042,560 1,204,735 1,330,281 1,236,837 1,332,037 1,395,197 1,981,374 2,024, ,585 a. Audited results under FRS (Financial Reporting Standards) and from 2011 under IFRS (International Financial Reporting Standards). Include Petróleos Mexicanos, subsidiary entities and subsidiary companies. b. For reference purposes, the money exchange conversions from pesos to US dollar, habe been made to the 2012 exchange rate of Ps = US$

8 1.4 capital Investment a million pesos (million dolars) c Total 80, , , , , , , , , , ,993 23,981 Non-PIDIREGAS b 22,943 19,013 12,243 21,436 20,130 17,573 23, , , , ,993 23,981 PIDIREGAS 57,816 94, , , , , , Pemex-Exploration and Production 63,000 88, , , , , , , , , ,745 21,118 Non-PIDIREGAS b 13,443 8,945 3,694 11,040 8,142 6,992 8, , , , ,745 21,118 PIDIREGAS 49,557 79, , , , , , Pemex-Refining 14,077 19,878 5,092 9,001 15,229 15,979 17,379 18,526 22,636 25,157 28,944 2,225 Non-PIDIREGAS b 5,893 5,744 4,647 6,542 7,369 7,124 10,580 18,526 22,636 25,157 28,944 2,225 PIDIREGAS 8,184 14, ,459 7,861 8,855 6, Pemex-Gas and Basic Petrochemicals 1,796 3,253 2,498 3,206 3,322 4,004 4,203 3,941 3,887 3,019 4, Non-PIDIREGAS b 1,721 2,148 1,961 1,936 2,845 2,308 2,889 3,941 3,887 3,019 4, PIDIREGAS 75 1, , ,696 1, Pemex-Petrochemicals 1,454 1,627 1,598 1,530 1,426 1,139 1,614 2,053 2,462 2,426 2, Non-PIDIREGAS b 1,454 1,627 1,598 1,530 1, ,604 2,053 2,462 2,426 2, PIDIREGAS Petróleos Mexicanos Corporate Non-PIDIREGAS b a. Cash flow figures include capitalized maintenance. b. Non-PIDIREGAS CAPEX excludes financial activities. c. For reference purposes, the money exchange conversions from pesos to US dollar, habe been made to the 2012 exchange rate of Ps = US$

9 1.5 Statistics on safety and environmental protection Frequency index (number of disabling accidents per million of man-hours worked) Pemex-Exploration and Production Accident frecuency index Pemex-Refining Pemex-Gas and Basic Petrochemicals Pemex-Petrochemicals Petróleos Mexicanos Corporativo de Pemex Severity index (number of lost workdays per million of man-hours worked) Pemex-Exploration and Production Pemex-Refining Pemex-Gas and Basic Petrochemicals Pemex-Petrochemicals Petróleos Mexicanos Corporativo de Pemex Petróleos Mexicanos Pemex-Gas and Basic Petrochemicals Pemex-Exploration and Production Pemex-Petrochemicals Pemex-Refining Petróleos Mexicanos Corporate Environmental protection Sulfur oxide emissions (SOx) (t/mt) Carbon dioxide emissions (CO 2 ) (t/mt) Total discharges to water (kg/mt) Disposal of hazardous waste a (%) Leakage and spills b Events Volume (t) 19,995 9,570 5,488 3,528 3,434 14,992 1,970 7,033 3,045 2,920 2,123 Environmental audits and certifications (number) Environmental audits (in process) Clean industry certificates (current) Registered facilities a. Includes stock changes in calculation of hazardous residual generation. A volume 7.8% greater than generated was disposed in b. According to the institutional rules regarding the report of leakages and spills, 526 events were not included (equivalent to 5 tons) in 2003, and 469 (equivalent to 22 tons) were not included in

10 1.6 Employees year-end figures Total 137, , , , , , , , , , ,697 Pemex-Exploration and Production 44,658 46,322 47,975 48,371 48,767 49,045 50,273 50,544 49,802 51,713 51,998 Pemex-Refining 47,341 46,692 44,899 45,335 45,494 44,811 45,510 43,706 45,306 46,909 46,236 Pemex-Gas and Basic Petrochemicals 11,977 12,104 11,923 12,018 12,562 12,397 12,976 12,550 12,327 11,918 12,191 Pemex-Petrochemicals 14,360 14,203 13,895 13,939 14,045 13,823 14,028 13,447 13,542 13,541 13,487 Pemex-Corporative a 7,935 8,024 8,175 8,411 9,198 9,396 9,015 12,991 14,254 14,192 14,404 Medical services 10,863 10,870 10,855 11,097 11,209 11,674 11,619 11,908 12,137 12,288 12,381 a. Pemex-Corporative includes Telecommunications employees. 10

11 Oil facilities Camargo Monterrey Burgos Cadereyta Reynosa Arenque Madero Producing Areas Refinery Petrochemical Center Gas Processing Center Sales Center Pipelines Maritime Route Salamanca Guadalajara Poza Rica Tula Matapionche Cd. México Área Coatzacoalcos Morelos Pajaritos San Martín La Venta Cd. Pemex Cosoleacaque Minatitlán N. Pemex Cangrejera Cactus Salina Cruz 11

12 02 EXPLORAtioN and PRODUCtioN 2.1 Hydrocarbon reserves and production 2.2 Crude oil and gas reserves, Drilling and production 2.4 Drilling 2.5 Crude oil production by region and asset 2.6 Crude oil production by type and region 2.7 Crude oil production in selected fields 2.8 Natural gas production by region and asset 2.9 Natural gas production in selected fields Exploration and Production 2012 Production Crude oil (Mbd) 2,548 Natural gas (MMcfd) 6,385 Infrastructure (At the end of the year) Producing fields 449 Producing wells (annual average) 9,439 Offshore platforms 232 Pipelines (km) Crude oil 4,992 Natural gas 8,295 Proved reserves (MMbcoe) (as of January 1st, 2013) Crude oil 10,073 Gas liquids 1,351 Natural gas 2, Crude oil and natural gas production by states 2.11 Crude oil distribution 2.12 Natural gas distribution 12

13 2.1 Hydrocarbon reserves and production a million barrels of crude oil equivalent 2013 Total 52, , , , , , , , , , , ,530.0 Northeastern Marine Region Southwestern Marine Region 18, , , , , , , , , , , , , , , , , , , , , , , , ,000 50,000 Hydrocarbon reserves million barrels of crude oil equivalent Southern Region Northern Region 8, , , , , , , , , , , , , , , , , , , , , , , , ,000 Proved b 21, , , , , , , , , , , , ,000 Northeastern Marine Region 11, , , , , , , , , , , , ,000 Southwestern Marine Region 1, , , , , , , , , , , , ,000 Southern Region Northern Region 6, , , , , , , , , , , , , , , , , , , , , , , , Probable 20, , , , , , , , , , , ,305.9 Northeastern Marine Region Southwestern Marine Region Southern Region Northern Region 5, , , , , , , , , , , , , , , , , ,324.7 Possible 10, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,000 30,000 25,000 Proved reserves million barrels of crude oil equivalent Northeastern Marine Region Southwestern Marine Region 1, , , , , , , , , , , , , , , , , , , , , , , , ,000 15,000 10,000 Southern Region Northern Region Memorándum , , , , , , , , , , , , , Natural gas reserves (MMMcf) Total 50, , , , , , , , , , , ,758.9 Northeastern Marine Region 4, , , , , , , , , , , ,843.0 Southwestern Marine Region 3, , , , , , , , , , , ,396.3 Southern Region 11, , , , , , , , , , , ,715.5 Northern Region 31, , , , , , , , , , , , Hydrocarbons production (MMbcoe) 1, , , , , , , , , , , ,353.2 a. As of January 1 st The hydrocarbon reserves information in the proved category or 1P was dictated favorably by the Comisión Nacional de Hidrocarburos (National Hydrocarbon Commission) on March 14, 2013 based on his CNH.E /13 resolution as stated in terms of article 10 of the Rules of Regulatory Laws of Constitutional Article 27 in the Petroleum Industry. Also, were officially published on March 18, 2013 by the Secretaria de Energía (Ministry of Energy) as specified in article 33, section XX of the Organic Law of Federal Public Administration. National Hydrocarbon Commission will soon give its opinion regarding the probable and possible reserves. b. Since 2003, the definitions of the Securities and Exchange Commission (SEC) of the U. S. were used in order to evaluate the proved reserves, reason why the the figures of previous years were adjusted. 13

14 2.2 Crude oil and gas reserves, 2013 a millon barrels of crude oil equivalent Crude oil Gas liquids b Natural gas Total Total 30, , , ,530.0 Northeastern Marine Region Southwestern Marine Region Southern Region Northern Region 11, , , , , , , , , , , , ,013.7 Proved c 10, , , ,868.3 Natural Gas Liquids Natural gas By fluid 4, ,375.0 Northeastern Marine Region Southwestern Marine Region Southern Region Northern Region 5, , , , , , ,688.5 Probable 8, , , ,305.9 Crude oil 0 5,000 10,000 15,000 20,000 25,000 30, ,000 35,000 Northeastern Marine Region Southwestern Marine Region Southern Region Northern Region 2, , , , , , ,092.6 Possibles 12, , , ,355.8 Proved By type 13,868.3 Northeastern Marine Region Southwestern Marine Region Southern Region Northern Region 3, , , , , , , , ,232.6 Probable Possible 12, ,355.8 Memorandum Natural gas reserves (MMMcf) Probadas Probables Posibles Total 0 5,000 10,000 15,000 20,000 Total 12, , , ,758.9 Northeastern Marine Region Southwestern Marine Region Southern Region Northern Region 1, , , , , , , , , , , , ,804.1 Northeastern Marine By region 12,490.5 Southwestern Marine 7,337.8 Southern 5,688.1 Northern 19, ,000 10,000 15,000 20,000 a. As of January 1 st The hydrocarbon reserves information in the proved category or 1P was dictated favorably by the Comisión Nacional de Hidrocarburos (National Hydrocarbon Commission) on March 14, 2013 based on his CNH.E /13 resolution as stated in terms of article 10 of the Rules of Regulatory Laws of Constitutional Article 27 in the Petroleum Industry. Also, were officially published on March 18, 2013 by the Secretaria de Energía (Ministry of Energy) as specified in article 33, section XX of the Organic Law of Federal Public Administration. The Comisión Nacional de Hidrocarburos (National Hydrocarbon Commission) will soon give its opinion regarding the probable and possible reserves. b. Includes condensates. c. Since 2003, the definitions of the Securities and Exchange Commission (SEC) of the U. S. were used in order to evaluate the proved reserves. 14

15 2.3 Drilling and production Wells drilled a , ,000 1,290 Completed wells Wells completed ,150 1,303 1,034 1,238 Exploratory wells Producing wells Success rate % Development wells ,075 1,264 b 1,001 1,201 Producing wells ,014 1, ,159 Success rate % b Drilling rigs c Exploratory wells , Development wells Kilometers drilled 1,186 1,763 2,106 2,004 1,858 1,798 2,199 3,770 2,589 2,541 3,007 Average depth by well d (m) 2,478 2,904 2,692 2,828 2,771 2,744 2,748 2,494 2,605 2,418 2,429 Crude oil Natural gas Nonproductives Discovered fields e Crude oil Natural gas Producing fields Producing wells at end of period f 4,591 4,942 5,286 5,683 6,080 6,280 6,382 6,890 7,476 8,315 9,439 Oil and gas production by well (bd) ,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 Producing wells and average deep per well Average depth per well (meters) Producing wells a. Wells that reached their target. b. Excludes injection wells. c. Average drilling rigs. d. Average depth of wells drilled to their target. e. Includes only fields with proved reserves. In 2007 the Kibo and Lalail fields were exlcuded due to they do not incorporate proved reserves. f. Annual average. 15

16 2.4 Drilling Exploratory wells drilled Northeastern Marine Region Southwestern Marine Region Southern Region Northern Region Development wells drilled ,254 Northeastern Marine Region Southwestern Marine Region Southern Region Northern Region Exploratory wells completed Northeastern Marine Region Southwestern Marine Region Southern Region Northern Region Development wells completed ,075 1,264 1,001 1,201 Northeastern Marine Region Southwestern Marine Region Southern Region Northern Region ,600 1,400 1,200 1, Wells 0 Drilled wells Completed Wells Producing Wells 16

17 2.5 Crude oil production by region and asset a thousand barrels per day Change 2012/2011 % Total 3, , , , , ,075.7 b 2, ,01.5 2, , , Northeastern Marine Region 2, , , , , , , , , , , Cantarell 1, , , , , , , Ku-Maloob-Zaap Oil production by region thousand barrels per day 3,500 Southwestern Marine Region Abkatun-Pol-Chuc Litoral Tabasco ,000 2,500 2,000 Southern Region Cinco Presidentes Bellota-Jujo Macuspana-Muspac Samaria-Luna ,500 1, Northern Region Burgos Southern Northern Southwestern Marine Northeastern Marine Poza Rica-Altamira Aceite Terciario del Golfo Veracruz a. From 2004 the administrative structure of Pemex-Exploration and Production changed to integral assets. Hence, figures prior to 2004 were adjusted. b. Adjusted and corrected production by water content. Notes: Integral Asset Aceite Terciario del Golfo was established in 2008, so that their associated fields were rid of Integral Asset Poza Rica-Altamira. Since February 2010, includes the reclassification of hydrocarbons production from Nejo field in Burgos Integral Asset. As a result of the modification on the basic structure of Pemex-Exploration and Production approved in 2011, the denomination of the assets is as follows: production assets (Poza Rica - Altamira, Cinco Presidentes, Bellota - Jujo, Samaria - Luna, Abkatun - Pol - Chuc, Macuspana - Muspac, Cantarel, Ku - Maloub - Zaap y Litoral de Tabasco) and integral assets (Burgos, Aceite Terciario del Golfo y Veracruz). 17

18 2.6 Crude oil production by type and region a thousand barrels per day Change 2012/2011 % Total 3, , , , , ,075.7 b 2, , , , , Heavy 2, , , , , , , , , , , Light Extra-light Northeastern Marine Region 2, , , , , , , , , , , Heavy 2, , , , , , , , , , , Light Southwestern Marine Region Heavy Light Extra-light Southern Region Heavy Light Extra-light Crude oil production by type, % 54.4% 32.7 Heavy Light Lighter Northern Region Heavy Light Extra-light a. Since 2004, the crude oil type is classified from well, a situation reflected from 2002 for comparative purposes. b. Adjusted and corrected by water content. 18

19 2.7 Natural gas production by region and asset a million cubic feet per day Change 2012/2011 % Total 3,177 3,371 3,383 3,333 3,256 3,076 b 2,792 2,601 2,577 2,553 2, Northeastern Marine Region Cantarell 2,152 2,416 2,441 2,357 2,205 2,018 1,746 1,493 1,397 1,343 1, Akal-Nohoch a 1,851 2,054 2,079 1,973 1,734 1, Sihil Chac Ixtoc Kutz Ku Zaap Maloob Others Southwestern Marine Region Ixtal Chuc Bolontiku Sinan Caan Others Southern Region Samaria Sen Jujo Pijije Iride Puerto Ceiba Tecominoacán Costero Tizón Cunduacán Cárdenas Guaricho Mora Sunuapa Yagual Others Northern Region Bagre Poza Rica Tajín Agua Fría Coapechaca Arenque Others a. Historically Cantarell. b. Adjusted and corrected production by water content. 19

20 2.8 Natural gas production by region and asset a million cubic feet per day Change 2012/2011 % Total 4, , , , , , , , , , , Northeastern Marine Region , , , , , , Cantarell , , , , , Ku-Maloob-Zaap Natural gas production by region million cubic feet per day Southwestern Marine Region , , , , , ,000 Abkatún-Pol-Chuc Litoral de Tabasco ,000 6,000 Southern Region 1, , , , , , , , , , , ,000 Cinco Presidentes ,000 Bellota-Jujo ,000 Macuspana-Muspac Samaria-Luna ,000 1,000 Northern Region 1, , , , , , , , , , , Burgos 1, , , , , , , , , , , Poza Rica-Altamira Aceite Terciario del Golfo Veracruz Southern Northern Southwestern marine Northeastern marine a. From 2004 the administrative structure of Pemex-Exploration and Production changed to integral assets. Hence, figures prior to 2004 were adjusted. Notes: Integral Asset Aceite Terciario del Golfo was established in 2008, so that their associated fields were rid of Integral Asset Poza Rica-Altamira. As a result of the modification on the basic structure of Pemex-Exploration and Production approved in 2011, the denomination of the assets is as follows: production assets (Poza Rica - Altamira, Cinco Presidentes, Bellota - Jujo, Samaria - Luna, Abkatun - Pol - Chuc, Macuspana - Muspac, Cantarel, Ku - Maloub - Zaap y Litoral de Tabasco) and integral assets (Burgos, Aceite Terciario del Golfo y Veracruz). 20

21 2.9 Natural gas production in selected fields million cubic feet per day Change 2012/2011 % Total 4,423 4,498 4,573 4,818 5,356 6,058 6,919 7,031 7,020 6,594 6, Northeastern Marine Region ,157 1,901 1,782 1,584 1,406 1, Cantarell Akal-Nohoch a Ixtoc Sihil Chac Kutz Ku Others Southwestern Marine Region ,023 1,112 1,172 1,208 1, May Ixtal Caan Sinan Bolontiku Chuc Others Southern Region 1,704 1,630 1,495 1,400 1,352 1,353 1,451 1,600 1,765 1,692 1, Sen Costero Iride Narváez b Samaria Tizón Pijije Jujo Giraldas Cunduacán Muspac Oxiacaque Copanó Cráter Tecominoacán Cárdenas José Colomo b Sunuapa Others a. Historically Cantarell. b. Non associated gas field. 21

22 2.9 Natural gas production in selected fields (continued) million cubic feet per day Change 2012/2011 % Northern Region 1,268 1,347 1,528 1,835 2,228 2,556 2,544 2,537 2,500 2,288 2, Lizamba b Papán b Culebra b Apertura b Forastero b Arcabuz b Velero b Cuitláhuac b Nejo Fundador b Arquimia b Lankahuasa b Corindón b Others ,091 1,185 1,194 1,155 1,078 1,157 1,281 1,309 1, b. Non associated gas field. 22

23 2.10 Crude oil and natural gas production by states Change 2012/2011 % Crude oil (Mbd) 3,177 3,371 3,383 3,333 3,256 3,076 a 2,792 2,601 2,577 2,553 2, Territorial sea 2,614 2,824 2,839 2,765 2,694 2,539 2,266 2,030 1,959 1,919 1, Tabasco Veracruz Chiapas Puebla Tamaulipas San Luis Potosí Hidalgo Natural gas (MMcfd) 4,423 4,498 4,573 4,818 5,356 6,058 6,919 7,031 7,020 6,594 6, Territorial sea 1,485 1,554 1,583 1,615 1,863 2,280 3,026 2,976 2,824 2,678 2, Tabasco 1,076 1,020 1,017 1,017 1,041 1,099 1,215 1,377 1,536 1,453 1, Veracruz ,008 1, Chiapas Puebla Tamaulipas Nuevo León Coahuila Campeche San Luis Potosí - Hidalgo a. Adjusted and corrected production by water content. 23

24 2.11 Crude oil distribution thousand barrels per day Change 2012/2011 % Availability 3,180 3,375 3,385 3,335 3,258 3,078 a 2,793 2,603 2,579 2,554 2, Production 3,177 3,371 3,383 3,333 3,256 3,076 2,792 2,601 2,577 2,553 2, Naphtha and condensates Distribution 3,163 3,358 3,363 3,320 3,234 3,058 2,754 2,594 2,549 2,515 2, To refineries 1,172 1,246 1,258 1,275 1,242 1,231 1,216 1,264 1,191 1,172 1, To abroad processing To petrochemical plants To exports terminals 1,716 1,848 1,874 1,833 1,789 1,701 1,407 1,232 1,358 1,343 1, Linefill, stock changes, losses, injections, transfers and statistical differences Crude oil distribution, % 51.2% 48.8 To exports terminals To refineries To petrochemical plants a. Adjusted and corrected production by water content. 24

25 exploration and production Producing Marine Areas Export Terminal FPSO Yúum Kak náab Cayo Arcas FSO Ta`kuntah Floating production and/or storage and Offloading Vessel Producing Terrestrial Areas Salina Cruz Dos Bocas Pajaritos 25

26 2.12 Natural gas distribution million cubic feet per day Change 2012/2011 % Availability 5,472 5,619 5,742 5,984 6,571 7,211 8,055 8,198 8,222 7,754 7, Production 4,423 4,498 4,573 4,818 5,356 6,058 6,919 7,031 7,020 6,594 6, Sour gas 3,164 3,133 2,994 2,937 3,075 3,415 4,236 4,315 4,312 4,131 4, Sweet gas 1,260 1,365 1,579 1,881 2,281 2,644 2,682 2,716 2,708 2,463 2, From Pemex-Gas and Basic Petrochemicals 1,048 1,121 1,169 1,166 1,215 1,153 1,136 1,167 1,202 1,160 1, Distribution 5,472 5,620 5,742 5,984 6,571 7,211 8,055 8,198 8,222 7,754 7, Self-consumption a ,128 1,562 1,615 1, To atmosphere ,347 1, Carbon dioxide (CO 2 ) Natural gas ,334 1, Net linefill Carbon dioxide (CO 2 ) injected to deposits Condensation in pipelines and plants To Pemex-Refining To PGPB 4,411 4,585 4,775 4,923 5,340 5,621 5,638 5,784 5,795 5,583 5, To pipelines ,152 1,334 1,382 1,326 1,312 1, To processing plants b 3,714 3,823 3,960 3,926 4,188 4,287 4,256 4,458 4,483 4,536 4, Sweetening plants 3,208 3,325 3,296 3,118 3,162 3,150 3,190 3,388 3,427 3,454 3, Cryogenic plants ,138 1,066 1,070 1,056 1,082 1, Statistical difference and measurement errors c 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 Natural gas utilization Utilization million cubic feet per day To atmosphere a. Includes residual and field gas used in process and formation pressure boosting. b. Includes gas for pressure boosting purposes. c. Negligible figure. 26

27 03 GAS Processing 2012 Natural gas (MMcfd) 4,382 Condensates (Mbd) 46 Production Dry gas (MMcfd) * 3,628 Natural gas liquids (Mbd) 365 LPG (Mbd) 176 Gas Sweetening plants 20 Capacity of process: Sour natural gas (MMcfd) 4,503 Condensates Sweetening plants 6 Capacity of process: Sour condensates (Mbd) Processing capacity 3.2 Natural gas processing and production 3.3 Dry gas balance 3.4 Gas processing by center 3.5 Domestic sales of dry gas, LPG and petrochemicals Cryogenic plants 21 Capacity of gas wet processing (MMcfd) 5,912 Liquid fractionators plants 9 Capacity of breaking-up (MMcfd) 569 LPG distribution terminals 18 Pipeline (km) Natural gas 9,038 Products 3,640 * Plant production. 27

28 3.1 processing capacity million cubic feet per day Sweetening plants Sour condensates (Mbd) Sour natural gas 4,173 4,503 4,503 4,503 4,503 4,503 4,503 4,503 4,503 4,503 4,503 Liquids recovery plants 5,034 5,146 5,546 5,342 5,742 5,742 5,942 5,792 5,792 5,712 5,912 Cryogenics 4,559 4,592 4,992 4,992 5,392 5,392 5,592 5,792 5,792 5,712 5,912 Absorption Liquids fractionating a (Mbd) a. Includes liquids recovery plants. 28

29 3.2 Natural gas processing and production million cubic feet per day Change 2012/2011 % Processing Wet gas 3,770 3,853 3,963 3,879 4,153 4,283 4,240 4,436 4,472 4,527 4, Sour gas 3,260 3,360 3,349 3,153 3,203 3,162 3,188 3,381 3,422 3,445 3, Sweet gas a ,120 1,052 1,055 1,050 1, Gas to liquified extraction 3,746 3,829 3,925 3,810 4,108 4,264 4,224 4,399 4,458 4,483 4, Wet gas 3,600 3,689 3,803 3,712 3,987 4,134 4,085 4,252 4,304 4,347 4, Reprocessing streams b Production (Mbd) Dry gas c (MMpcd) 2,916 3,029 3,144 3,147 3,445 3,546 3,461 3,572 3,618 3,692 3, Natural gas liquids d LPG Ethane Gasolines Others e Sulfur (Mt) a. Includes sweet vapors from condensates. b. Gas from pipeline at the cryogenic plants located in Pajaritos, Poza Rica, Reynosa and from internal processes at Cangrejera. c. Excludes ethane injected to dry gas pipelines. d. Includes stabilized condensates, reprocessing streams from Cangrejera and others streams for fractionating. e. Heavy products from Reynosa and liquids transfered to the Madero refinery. 29

30 gas GAS STATISTICAL YEARBOOK PEMEX 2013 Naco Cd.Juárez Cananea Hermosillo Piedras Negras Chihuahua Monclova BURGOS Monterrey Cadereyta Ciudad Madero ARENQUE Guadalajara POZA RICA Mérida Gas Processing Center Pipeline Note: The gas processing complex at Coatzacoalcos Area, located in the municipality of Coatzacoalcos comprises Morelos, Cangrejera and Pajaritos sectors, as well as Refrigerated and Sulfur terminals. Cd. de México Toluca Lázaro Cárdenas MATAPIONCHE Veracruz ÁREA COATZACOALCOS Salina Cruz LA VENTA CIUDAD PEMEX NUEVO PEMEX CACTUS 30

31 3.3 Dry gas balance million cubic feet per day Change 2012/2011 (%) Supply 4,309 4,655 4,836 4,724 5,136 5,353 5,367 5,393 5,540 5,604 5, Production 2,916 3,029 3,144 3,147 3,445 3,546 3,461 3,572 3,618 3,692 3, From processing plants From producing fields of PEP ,152 1,334 1,382 1,325 1,312 1, Imports , Others Demand 4,299 4,620 4,813 4,688 5,116 5,330 5,369 5,367 5,509 5,571 5, Self-consumption 1,870 1,993 2,056 2,033 2,130 2,128 2,176 2,181 2,235 2,187 2, Exports Domestic sales a 2,425 2,622 2,756 2,634 2,952 3,064 3,086 3,119 3,255 3,383 3, Industrial-distributors sector 1,132 1,138 1,094 1,073 1,156 1,185 1,127 1,000 1,146 1,187 1, Power sector 1,293 1,484 1,535 1,422 1,663 1,740 1,671 1,801 1,763 1,884 1, Power autogeneration sector Dealers sector Linefil Difference ,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1, ,000 3,500 3,000 2,500 2,000 1,500 1, Dry natural gas processing and production million cubic feet per day Natural gas processing Dry gas production Domestic sales and imports of dry natural gas million cubic feet per day Industrial-distributors sector Power sector Power autogeneration sector Dealers sector Imports a. Measured volumes at 1 Kg/cm 2 and 20 C. 31

32 3.4 Gas processing by center million cubic feet per day Change 2012/2011 (%) Gas processing 3,770 3,853 3,963 3,879 4,153 4,283 4,240 4,436 4,472 4,527 4,382-3 Sour wet gas 3,260 3,360 3,349 3,153 3,203 3,162 3,188 3,381 3,422 3,445 3,395-1 Cactus 1,581 1,533 1,431 1,373 1,334 1,404 1,597 1,712 1,674 1,696 1,620-4 Ciudad Pemex Matapionche Nuevo Pemex Arenque Poza Rica Sweet wet gas ,120 1,052 1,055 1,050 1, Ciudad Pemex La Venta Reynosa a Burgos Nuevo Pemex a. As of August 31, 2009, is out of operation. 32

33 3.5 Domestic sales of dry gas, LPG and petrochemicals Million pesos a Change 2012/2011 (%) Total b 57, , , , , , , , , , , Dry gas 30, , , , , , , , , , , LPG 26, , , , , , , , , , , Petrochemicals , , , , , , , , , Hexane Sulfur , , , Carbon black , , , , , , Pentanes Heptane Dry natural gas production and domestic sales million cubic feet per day Butane Propane Isobutane Absorption solvent Others c Thousand tons Dry gas (MMcfd) 2, , , , , , , , , , , LPG (Mbd) ,500 3,000 2,500 2,000 1,500 1, Petrochemicals , , , , , , , Hexane Sulfur Carbon black Pentanes Heptane Butane Propane Isobutane Absorption solvent Others c Production Domestic sales a. Cash flow. b. Not includes VAT. c. Includes miscellaneous products. 33

34 04 refining 2012 Processing (Mbd) 1,199 Production (Mbd) 1,226 Domestic sales of refined products (Mbd) 1,551 Facilities Atmospheric distillation capacity (Mbd) 1,690 Number of refineries 6 Storage and distribution terminals Refining capacity 4.2 Refining production 4.3 Production by refinery Service stations 10,042 Pipeline (km) Crude oil 5,223 Products 8, Value of domestic sales 4.5 Volume of domestic sales 4.6 Domestic sales of refined products by region, Average end-user prices of selected refined products 4.8 Service stations by state 34

35 REFINING REFINING Mexicali Rosarito Ensenada Cd. Juárez Hermosillo Guaymas Cd. Obregón Topolobampo Guamuchil Culiacán Chihuahua Laguna Torreón Paila Sabinas Monclova Cuesta de los Muertos Saltillo Reynosa Cadereyta Matamoros Mazatlán Zacatecas Aguascalientes San Luis Potosí Madero Progreso Refinery Polyduct Pipeline Manzanillo C.F.E. León SALAMANCA El Castillo Degollado Querétaro Zamora Toluca Morelia D.F. Cuernavaca Lázaro Cárdenas Tula Pachuca Puebla Acapulco Poza Rica Veracruz Minatitlán Lerma Mérida Zapoapita Dos Bocas Pajaritos Villahermosa Campeche Storage and distribution Terminals Salina Cruz 35

36 4.1 Refining capacity thousand barrels per day Atmospheric distillation 1,540 1,540 1,540 1,540 1,540 1,540 1,540 1,540 1,540 1,690 1,690 Vacuum distillation Cracking Visbreaking Reforming Hydrodesulfurization a,b ,010 1,067 1,067 Alkylation and Isomerization a Coking a. Excludes Cangrejera since b. Includes Minatitlán refinery reconfiguration: hidrodesulfurization of middle distillates and increas in capacity of Tula refinery hidrodesulfurization. 36

37 4.2 Refining production thousand barrels per day Change 2012/2011 % Refinery production thousand barrels per day Refined products 1, , , , , , , , , , , LPG Gasolines Nova/Base a Pemex Magna b ULS Pemex Magna c Pemex Premium Others ,600 1,400 1,200 1, Jet fuel Other kerosenes Diesel Low sulfur content Pemex Diesel ULS Pemex Diesel c Others ,693.3 Fuel oil Asphalts Lubricants Paraffines Refinery gas Other refined products d Gasolines Diesel Fuel oil Jet fuel LPG Others Petrochemicals (Mt) , , , , , , , , , a. Refers to base gasoline. b. Includes gasoline transfer from Cangrejera to the Minatitlán refinery. c. It start production as of January d. Includes aeroflex 1,2, coke, vacuum gas oil to export, furfural extract and flasher bottoms, virgin stock 28 to export and light cycle oil. 75

38 4.3 Production by refinery thousand barrels per day Change 2012/2011 % Processing 1, , , , , , , , , , , Production a 1, , , , , , , , , , , Cadereyta Production by Refinery, 2012 Processing Production % 15.6% Madero Processing Production Minatitlán Processing % 14.2% Cadereyta Madero Minatitán Salamanca Salina Cruz Tula Production % Salamanca Processing Production Salina Cruz Processing Production Tula Processing Production a. Excludes products under abroad processing agreements. 38

39 4.4 Value of domestic sales million pesos Change 2012/2011 % Total a 135, , , , , , , , , , , Refined products 135, , , , , , , , , , , Gasolines 70, , , , , , , , , , , Pemex Magna 57, , , , , , , , , , , Pemex Premium 12, , , , , , , , , , , Aviation fuels Others b Kerosenes 5, , , , , , , , , , , Jet fuel 5, , , , , , , , , , , Others c Diesel 30, , , , , , , , , , , Pemex Diesel 25, , , , , , , , , , , Others 4, , , , , , , , , , , Fuel oil 26, , , , , , , , , , , Asphalts 1, , , , , , , , , , , Lubricants , , , , , , , , , , Paraffines Others d Petrochemicals , , , , , , , , , a. Excludes STPS and VAT. b. Includes initial filling motor gasoline. c. Includes domestic gas oil. d. Coke and impregnant. 39

40 4.5 Volume of domestic sales thousand barrels per day Change 2012/2011 % Refined products 1, , , , , , , , , , , Gasolines Pemex Magna Pemex Premium Aviation fuels Production and domestic sales thousand barrels per day Others a Kerosenes Jet fuel Others b Diesel Pemex Diesel Others Fuel oil ,000 1,500 1, Asphalts Lubricants Paraffines Others c Production Domestic sales Petrochemicals (Mt) a. Includes initial filling motor gasoline. b. Includes domestic gas oil. c. Coke and impregnant. 40

41 4.6 Domestic sales of refined products by region, 2012 a thousand barrels per day Total Gasolines Kerosenes b Diesel Fuel oil Others Total 1, Central Central - West Northeastern Southern - Southeastern Northwestern a. Economic Regionalization established by the Presidency of the Mexican United States. b. Includes domestic gas oil. 41

42 4.7 Average end-user prices of selected refined products a pesos per cubic feet Pemex Magna 5, , , , , , , , , , , Pemex Premium 6, , , , , , , , , , , Jet fuel 2, , , , , , , , , , , Pemex Diesel 4, , , , , , , , , , , Fuel oil 1, , , , , , , , , , , Asphalt 1, , , , , , , , , , , Average end user prices of selected refined products mexican pesos per cubic meter 14,000 12,000 10,000 8,000 6,000 4,000 2, Pemex Magna Pemex Premium Jet Fuel Pemex Diesel Fuel oil Asphalt a. Excludes northern border of the country. Includes taxes. Note: see note about public prices in the Glossary. 42

43 4.8 Service stations by state Total 5,564 6,166 6,732 7,172 7,554 7,940 8,351 8,803 9,232 9,637 10,042 Aguascalientes Baja California Baja California Sur Campeche Coahuila Colima Chiapas Chihuahua Distrito Federal Durango Guanajuato Guerrero Hidalgo Jalisco México Michoacán Morelos Nayarit Nuevo León Oaxaca Puebla Querétaro Quintana Roo San Luis Potosí Sinaloa Sonora Tabasco Tamaulipas Tlaxcala Veracruz Yucatán Zacatecas

44 05 PETROCHEMICALS 2012 Production (Mt) 6,347 Domestic sales (Mt) 2, Installed capacity by complex 5.2 Petrochemical production 5.3 Production by petrochemical complex Facilities Petrochemical centers 8 Plants 37 Installed capacity (Mt) 13, Value of petrochemical domestic sales 5.5 Volume of petrochemical domestic sales 5.6 Average end-user prices of selected petrochemicals 44

45 5.1 Installed capacity by complex a thousand tons Total 11,562 12,497 12,546 12,571 12,571 12,572 12,798 13,061 13,275 12,409 13,705 Cangrejera 2,427 3,205 3,255 3,280 3,280 3,279 3,280 3,280 3,300 3,300 4,427 Cosoleacaque 4,998 4,975 4,975 4,975 4,975 4,977 4,977 4,976 4,976 4,306 4,318 Morelos 2,107 2,263 2,263 2,263 2,263 2,262 2,262 2,535 2,730 2,730 2,886 Pajaritos 1,021 1,021 1,021 1,021 1,021 1,021 1,246 1,246 1,246 1,050 1,050 Escolín Camargo San Martín Texmelucan Tula a. Nominal capacity. 45

46 Petrochemicals PETROCHEMICALS Camargo Escolín Tula San Martín Texmelucan Pajaritos Morelos Petrochemical Center Cosoleacaque Cangrejera 46

47 5.2 Petrochemical production thousand tons Change 2012/2011 (%) Total 5,889 6,085 6,223 6,219 6,572 7,497 7,841 7,587 8,943 8,155 6, Total sin petrolíferos 5,871 6,062 6,181 6,189 6,548 7,050 7,361 7,196 8,333 7,704 6, Methane derivatives 1,663 1,383 1,668 1,242 1,404 1,859 2,202 1,962 2,282 2,306 2, Ammonia Carbonic anhydride ,087 1,262 1,172 1,367 1,289 1, Methanol Ethane derivative 2,309 2,218 2,073 2,440 2,748 2,607 2,604 2,695 2,831 2,750 2, Acetaldehyde Vinyl chloride Dichloroethane Petrochemical production, 2012 Ethylene ,007 1,085 1,128 1,001 1,062 1,160 1,126 1,124 1, Ethylene glycol Ethylene oxide HD Polyethylene LD Polyethylene % 0.8% 3.0% 39.1% Aromatics and derivatives ,222 1,187 1,089 1,085 1, , % Heavy aromatics Aromine Benzene Styrene Ethylbenzene Fluxoil Orthoxylene Paraxylene Methane derivatives Ethane derivatives Aromatics and derivatives Propylene and derivatives Others Toluene Xylenes High octane hydrocarbon Propylene and derivatives Acetonitrile Hydrocyanic acid Acrylonitrile Propylene

48 5.2 Petrochemical production (continuation) thousand tons Change 2012/2011 (%) Others 1,115 1,540 1,103 1,216 1,283 1,452 1,480 1,551 2,094 1, Hydrochloric acid Muriatic acid Raw butane Petrochemical specialities a Heptane Hexane Hydrogen Nitrogen Oxygen Pentanes Heavy reformate CPDI b Others Refined products Gasnaphtha Heavy naphtha Octane basis gasoline Amorphous gasoline a. Includes additives for motor gasoline, antifreeze compounds, dispersing agents, dewaxers, corrosion inhibitors, surfactants and smoke suppressors. b. Production Stream for Incineration. 48

49 5.3 Production by petrochemical complex thousand tons Change 2012/2011 (%) Total 5,889 6,085 6,223 6,219 6,572 7,497 7,841 7,587 8,943 8,155 6, Cangrejera 2,088 2,549 2,747 2,817 2,698 3,239 3,207 3,192 3,934 3,364 1, Cosoleacaque 1,433 1,192 1,503 1,161 1,319 1,748 2,059 1,871 2,122 2,028 2, Morelos 1,319 1,551 1,470 1,533 1,553 1,482 1,824 1,833 2,111 1,919 1, Pajaritos San Martín Texmelucan Camargo a Tula Escolín a. Camargo unit was shut down since

50 5.4 Value of petrochemical domestic sales million pesos Change 2012/2013 (%) Total a 7, , , , , , , , , , , Methane derivatives 1, , , , , , , , , , , Ammonia , , , , , , , , , , Carbonic anhydride Methanol Ethane derivatives 4, , , , , , , , , , , Acetaldehyde Vinyl chloride , , , , , , , , Dichloroethane Ethylene Ethylene glycol , , , , , , , , Ethylene oxide , , , , , , , , , , HD Polyethylene , , , , , , , , , , LD Polyethylene 1, , , , , , , , , , , Aromatics and derivatives 1, , , , , , , , , , , Aromine Benzene Styrene , , , , , , , Fluxoil Orthoxylene Paraxylene , , , , , Benzene - Toluene Toluene , , , , Xylenes Propylene and derivatives , , , , , Hydrocyanic acid Acrylonitrile , Polypropylene Propylene a. Not includes VAT. b. Includes butadiene, cat heavy naphtha, carbon tetrachoride, gasnaphtha, impregnating agent, polyethylene wax, nitrogen, oxygen and others products. Others b

51 5.5 Volume of petrochemical domestic sales thousand tons Change 2012/2011 (%) Total 2,199 2,115 2,351 2,480 2,488 2,684 2,784 2,695 2,811 2,824 2, Methane derivatives ,023 1,197 1,237 1,234 1,256 1, Ammonia Carbonic anhydride Methanol Ethane derivatives ,066 1,076 1,092 1,108 1,204 1,172 1, Volume of petrochemical domestic sales, 2012 Acetaldehyde Vinyl chloride Dichloroethane % 1.8% 2.3% 45.3% Ethylene Ethylene glycol Ethylene oxide HD Polyethylene % LD Polyethylene Aromatics and derivatives Aromine Benzene Styrene Fluxoil Orthoxylene Methane derivatives Ethane derivatives Aromatics and derivatives Propylene and derivatives Others Paraxylene Benzene - Toluene Toluene Xylenes Propylene and derivatives Hydrocyanic acid Acrylonitrile Polypropylene Propylene a. Includes butadiene, cat heavy naphtha, carbon tetrachoride, gasnaphtha, impregnating agent, polyethylene wax, nitrogen, oxygen and others products. Others a

52 5.6 Average end-user prices of selected petrochemicals a pesos per ton Acrylonitrile b 7, , , , , , , , , , , Ammonia 1, , , , , , , , , , , Vinyl chloride 3, , , , , , , , , , , Styrene 7, , , , , , , , , , , ,000 32,000 28,000 24,000 End-user average prices of selected petrochemicals (mexican pesos per ton) Monoethylene glycol, FG 3, , , , , , , , , , , ,000 16,000 12,000 Hexane 3, , , , , , , , , , , HD Polyethylene 6, , , , , , , , , , , ,000 4,000 0 LD Polyethylene 6, , , , , , , , , , Linear LD Polyethylene c , , , , , , , Acrylonitrile Ammonia Styrene Low density polyethylene Vinyl chloride Toluene 3, , , , , , , , , , , a. Not includes VAT. b. For 2008, January-May average from Tula producer center; for 2009, November-December average from Morelos producer center. c. Since 2006 start the national production of this product. Nota: See note about Public Prices in the Glossary. 52

53 06 INTERNATIONAL TRADE World Crude Oil Exports by Country thousand barrels per day Hydrocarbon exports and imports 6.2 Value of crude oil exports by destination 6.3 Volume of crude oil exports by destination 6.4 Crude oil exports to selected countries 6.5 Crude oil prices 6.6 Crude oil prices by destination 6.7 Refined products and dry gas exports and imports Saudi Arabia 7,218 Russia 5,786 Iran 2,537 Nigeria 2,377 United Arab Emirates 2,330 Iraq 2,166 Kuwait 1,816 Canada 1,688 Venezuela 1,553 Angola 1,543 Norway 1,423 Mexico 1,338 Source: OPEC (Annual Statistical Bulletin 2012) and Petróleos Mexicanos. 6.8 Petrochemicals exports and imports 53

54 6.1 Hydrocarbon exports and imports Change 2012/2011 (%) million of U. S. dollars Net exports 11, , , , , , , , , , , Exports 14, , , , , , , , , , , Crude oil 13, , , , , , , , , , , Olmeca 2, , , , , , , , , , , Istmo , , , , , , Maya 10, , , , , , , , , , , Condensates Dry gas Refined products 1, , , , , , , , , , , Petrochemicals Imports 3, , , , , , , , , , , Dry gas , , , , , , , Refined products 2, , , , , , , , , , , Petrochemicals thousand barrels per day 60,000 50,000 40,000 30,000 20,000 10,000 0 Balance of trade of hydrocarbons and its derivatives million of U.S. dollars Exports Crude oil 1, , , , , , , , , , , Olmeca Istmo Maya 1, , , , , , , , , , Condensates Dry gas (MMcfd) Refined products Petrochemicals (Mt) Exports Imports Net Exports Imports Dry gas (MMcfd) , Refined products a Petrochemicals (Mt) a. Excludes the volume of imported products under abroad processing agreements. 54

55 6.2 Value of crude oil exports by destination million of U. S. dollars Change 2012/2011 (%) Total 13, , , , , , , , , , , America 11, , , , , , , , , , , United States 10, , , , , , , , , , , Others 1, , , , , , , , , , Europe 1, , , , , , , , , , , Far East Africa Olmeca 2, , , , , , , , , , , America 2, , , , , , , , , , , United States 2, , , , , , , , , , , Others Istmo , , , , , , America , , , , , United States , , , Others Europe , Far East Maya 10, , , , , , , , , , , America 9, , , , , , , , , , , United States 8, , , , , , , , , , , Others , , , , , , Europe 1, , , , , , , , , , , Far East , , , Africa

56 6.3 Volume of crude oil exports by destination thousand barrels per day Change 2012/2011 (%) Total 1, , , , , , , , , , , America 1, , , , , , , , , , United States 1, , , , , , , , , , Others Europe Far East Africa Olmeca America United States Others Istmo America United States Others Europe Far East ,000 1,500 1, Volume of crude oil exports thousand barrels per day Maya Olmeca Istmo Maya 1, , , , , , , , , , America 1, , , , , , , United States 1, , , , , , , Others Europe Far East Africa

57 6.4 Crude oil exports to selected countries a thousand barrels per day Change 2012/2011 (%) Total 1, , , , , , , , , , , United States 1, , , , , , , , , , Spain India China Canada San Jose Agreement Portugal Netherlands Netherlands Antilles Israel England Others a. Excludes temporary crude oil exports for abroad processing. 57

58 6.5 Crude oil prices a Change 2012/2011 (%) U. S. dollars per barrel Average price Olmeca Istmo Maya U. S. dollars per barrel Average price Olmeca Istmo Maya WTI PRICE MEDIA SPOT CUSHING (US dollars per barrel) ENE/2012 FEB/2012 MAR/2012 ABR/2012 MAY/2012 JUN/2012 JUL/2012 AGO/2012 SEP/2012 OCT/2012 NOV/2012 DIC/2012 Mexican oil basket WTI a. Excludes temporary crude oil exports under abroad processing agreements. 58

59 6.6 Crude oil prices by area of destination U. S. dollars per barrel Total America United States Others Europe Far East Africa Olmeca America United States Others Istmo America United States Others Europe Far East Maya America United States Others Europe Far East Africa

60 6.7 Refined products and dry gas exports and imports Change 2012/2011 (%) million of U. S. dollars Net exports -2, , , , , , , , , , , Exports 1, , , , , , , , , , , LPG Gasolines , , , , , , , , , Jet fuel Diesel Fuel oil , , , , , Asphalts Others , , , , Dry gas Imports a 3, , , , , , , , , , , LPG , , , Propane , Gasolines b 1, , , , , , , , , , , Diesel , , , , , , , Fuel oil , , Others Dry gas , , , , , , , thousand barrels per day Net exports Exports LPG Gasolines Jet fuel Diesel Fuel oil Asphalts Others Dry gas c Imports a LPG Propane Gasolines b Diesel Fuel oil Others Dry gas c a. Excludes imported products under abroad processing agreements. b. Includes MTBE. c. Fuel oil equivalent 60

61 6.8 petrochemical Exports and imports Change 2012/2011 (%) million of U. S. dollars Net exports Exports Acetaldehyde Acrylonitrile Ammonia Sulfur Benzene Polyethylenic wax Styrene Ethylene Ethylene glycol Polyethylenes Others Imports Ammonia Benzene Polyethylenes Propylene Toluene Xylenes Others thousand tonnes Net exports Exports Acetaldehyde Acrylonitrile Ammonia Sulfur Benzene Polyethylenic wax Styrene Ethylene Ethylene glycol Polyethylenes Others Imports Ammonia Benzene Polyethylenes Propylene Toluene Xylenes Others

62 07 INTERNATIONAL COMPARISONS 7.1 Proved oil reserves 2013, selected countries Mexico in the World Proved natural gas reserves 2013, selected countries 7.3 Oil production 2012, selected countries 7.4 Natural gas production 2012, selected countries Proved crude oil reserves 18 Proved gas reserves 30 Crude oil production 10 Natural gas production 13 Atmospheric distillation capacity Atmospheric distillation capacity 2011, top petroleum companies 7.6 Top petroleum companies by crude oil production Top petroleum companies by natural gas production Top petroleum companies by sales

63 7.1 PROVED OIL RESERVES 2013, SELECTED COUNTRIES a 7.2 PROVED NATURAL GAS RESERVES 2013, SELECTED COUNTRIES a Country million barrels 1 Venezuela 297,570 2 Saudi Arabia 265,410 3 Canada 173,105 4 Iran 154,580 5 Iraq 141,350 6 Kuwait 101,500 7 United Arab Emirates 97,800 8 Russia 80,000 9 Libya 48, Nigeria 37, Kazakhstan 30, China 25, Qatar 25, United States 20, Brazil 13, Algeria 12, Angola 10, Mexico b 10,073 World total 1,637,855 Country trillion cubic feet 1 Russia 1,688 2 Iran 1,187 3 Qatar Saudi Arabia United States Turkmenistan United Arab Emirates Venezuela Nigeria Algeria China Iraq Indonesia Kazakhstan Malaysia Egypt Norway Canada Uzbekistan Kuwait Mexico 17 World total 6,793 a. As of January 1 st. b. Excludes condensates and natural gas liquids. Source: st, 2013) and Petróleos Mexicanos. a. As of January 1 st. Source: st, 2013) and Petróleos Mexicanos. 63

64 7.3 oil production 2012, selected countries a 7.4 natural gas production 2012, selected countries a Country thousand barrels per day 1 Russia 10,427 2 Saudi Arabia 9,813 3 United States 6,401 4 China 4,122 5 Canada 3,127 6 Iran 3,000 7 Iraq 2,918 8 Kuwait 2,754 9 United Arab Emirates 2, Mexico 2, Venezuela 2, Nigeria 2, Brazil 2, Angola 1, Norway 1,618 World total 74,885 Country billion cubic feet 1 United States 25,727 2 Russia 22,620 3 Iran 5,655 4 Former USSR 5,352 5 Canada 4,938 6 Qatar 4,225 7 Norway 4,032 8 China 3,850 9 Saudi Arabia 2, Indonesia 2, Netherlands 2, Algeria 2, Mexico b 2, Malaysia 2, United Arab Emirates 1,960 World total 118,806 a. As of January 1 st. Source: Oil and Gas Journal (March, 11, 2013) and Petróleos Mexicanos. a. As of January 1 st. b. Includes nitrogen. Source: Oil and Gas Journal (March, 11, 2013) and Petróleos Mexicanos. 64

65 7.5 atmospheric distillation capacity 2011, top petroleum companies 7.6 top petroleum companies by crude oil production 2011 Company Country thousand barrels per day Company Country thousand barrels per day 1 Exxon Mobil United States 6,218 2 Sinopec China 5,563 3 CNPC China 3,607 4 Royal Dutch Shell United Kingdom / Netherlands 3,251 5 PDVSA Venezuela 2,822 6 ConocoPhillips United States 2,365 7 BP United Kingdom 2,352 8 Saudi Aramco Saudi Arabia 2,214 9 Total France 2, Petrobras Brazil 2, Chevron United States 1, NIOC Iran 1, Petróleos Mexicanos Mexico 1, KPC Kuwait 1, Gasprom Russia 1,135 1 Saudi Aramco Saudi Arabia 10,333 2 NIOC Iran 4,321 3 CNPC China 2,998 4 Petróleos Mexicanos Mexico 2,937 5 KPC Kuwait 2,901 6 INOC Iraq 2,613 7 PDVSA Venezuela 2,500 8 Rosneft Russia 2,380 9 Exxon Mobil United States 2, Petrobas Brazil 2, BP United Kingdom 2, Adnoc Abu Dhabi 1, Chevron United States 1, Lukoil Russia 1, Royal Dutch Shell United Kingdom / Netherlands 1,666 Source: Energy Intelligence Group (PIW, January 7 th, 2013) with information as of 2011 and Petróleos Mexicanos. Source: Energy Intelligence Group (PIW, January 7 th, 2013) with information as of 2011 and Petróleos Mexicanos. 65

66 7.7 top petroleum companies by natural gas production 2011 Company Country million cubic feet per day 1 Gazprom Russia 49,654 2 NIOC Iran 14,687 3 Exxon Mobil United States 13,162 4 Saudi Aramco Saudi Arabia 9,900 5 QP Qatar 9,331 6 Royal Dutch Shell United Kingdom / Netherlands 8,986 7 CNPC China 8,529 8 BP United Kingdom 7,518 9 Sonatrach Algeria 7, Petróleos Mexicanos a Mexico 6, Total France 6, Uzbekneftegas Uzbekistan 5, Chevron United States 4, Petronas Malaysia 4, Novatek Russia 4, top petroleum companies by sales 2011 Company Country million of U.S. dollars 1 Royal Dutch Shell United Kingdom / Netherlands 484,489 2 Exxon Mobil United States 452,926 3 BP United Kingdom 386,463 4 Sinopec Group China 375,214 5 China National Petroleum China 352,338 6 Chevron United States 245,621 7 ConocoPhillips United States 237,272 8 Total France 231,580 9 ENI Italy 153, Petrobras Brazil 145, Petróleos Mexicanos a Mexico 125, PDVSA Venezuela 124, Statoil Norway 119, Lukoil Russia 111, Petronas Malaysia 97, Indian Oil India 86,016 a. Includes nitrogen. Source: Energy Intelligence Group (PIW, January 7 th, 2013) with information as of 2011 and Petróleos Mexicanos. a. For reference purposes, the money exchange conversion from pesos to US dollar, habe been made to the 2011 exchange rate of Ps = US$1.00. Source: Banco de Mexico. Source: Fortune (July 23, 2012; figures as of December 31th,2011) and Petróleos Mexicanos. 66

67 GLOSSARY 08 GLOSSARY NOMENCLATURE Production fields. Fields with exploration wells. These include operating wells, which are divided into injection and production wells, and closed wells with potential to be exploited in the future. Refining capacity. The daily operating capacity of a plant to produce refined products. Daily operating capacity means the maximum volume to be processed when the plant works without interruption. Condensates. Any mixture of relatively light hydrocarbons that remain liquid at normal temperature and have a certain quantity of propane and butane. Unlike crude oil, these contain little or no heavy hydrocarbons that constitute heavy crude oil. There are three main sources of condensates: a) liquid hydrocarbons that separate when natural gas is treated, typically consists of C5 to C8, b) liquid hydrocarbons coming from non-associated gas that are recovered at the surface, and c) liquid hydrocarbons coming from gas/condensate basins, which can barely be distinguished from a stabilized light crude oil. Drilling rigs in operation. The daily average number of drilling rigs used for drilling wells or in related activities such as dismantlement, transport and maintenance. Floating Production Storage and Offloading (FPSO). Floating Production Storage and Offloading vessel (also called a unit and a system ). A floating tank system used by the offshore crude oil and gas industry designed to receive, process, and storage crude oil or natural gas produced from nearby platforms, until the product can be offloaded onto waiting tankers. Instead, the FSO are not equipped with process systems. Natural gas. Light paraffinic hydrocarbon mixture, mainly methane, small quantities of ethane and propane and in variable proportions nitrogen, carbon dioxide and hydrogen sulfide. Natural gas can be associated with crude oil or be found alone in non-associated natural gas wells. 67

68 Dry gas. Natural gas free of heavier liquid hydrocarbons (natural gas liquids) consisting of ethane, propane, butane and natural gasoline. Sour gas. Natural gas containing hydrocarbons, hydrogen sulfide and carbon dioxide (the later in concentrations greater than 50 ppm). Wet gas. Natural gas containing more than 3 gallons of liquid hydrocarbons per thousand cubic feet of gas. Natural gasoline. A highly volatile hydrocarbon mixture of pentane and heavier. Usually added to automotive gasoline to increase vapor pressure and start gasoline engines at low temperatures. Also used by the petrochemical industry to produce isobutane and isopentane, used in alkylation processes. Liquefied petroleum gas (LPG). A gaseous mixture of propane and butane obtained during the fractionation of natural liquids or during the fractionation of refined products. It is the lighter fraction of crude oil utilized for domestic use and carburation. Special tax on production and services (STPS). An indirect tax on domestic sales of gasoline and diesel that Pemex-Refining collects on behalf of the Mexican Government. The difference between the retail price, or final price, and the producer price is the IEPS rate. The final price of gasoline and diesel is established by the Ministry of Finance (SHCP). The producer price of PEMEX is referenced to that of an efficient refinery in the Gulf of Mexico. San José Agreement. Crude oil cooperation agreement between Mexico and Venezuela that benefits Central America and Caribbean area and contemplates a collaboration scheme dedicated to finance economic development projects. Crude oil. Oil that comes from a reservoir after separating any associated gas. It does not include condensates and natural gas liquids production. Recovered crude oil is considered heavy or light according to the following approaches: Heavy. crude oil with API gravity less or equal to 27. Light. crude oil with API gravity between 27 to 38. Extra-light. crude oil with API gravity greater than 38. Three varieties of crude oil are exported: Maya. heavy crude oil with API gravity of 22 and 3.3% sulfur by weight. Istmo. light crude oil with API gravity of 33.6 and 1.3% sulfur by weight. Olmeca. extra-light crude oil with API gravity of 39.3 and 0.8% sulfur by weight. Wells Wells are classified according to their purpose or function, into development (including injection wells) and exploration (including wells by stratographic probe); and according to their completion grade, into drilled or completed. Drilled wells. Are those with completed operations with the rotary drill and cemented casing, but have not entered into subsequent operations that allow production. Completed wells.. Are those with completed operations regarding: installation of production pipelines; shots to the pipeline lining to allow communication between the interior of the well and the storing rock; and cleaning and stimulation of the rock to enhance the flow of hydrocarbons. Successful exploration wells. The relationship of currently producing exploration wells that incorporate reserves, divided by total completed wells. Since 2007, Pemex- Exploration and Production adopted the definition of Exploratory Commercial Success derived from international practices which evaluates the performance of exploration activities from an economic point of view. Pemex-Refining Processes. Alkylation. Process by which an isoparafine (of short chain) combines chemically with an olefin through a catalyst to form another isoparafine (of long chain), called alkylate. It s a major aspect of the upgrading of petroleum since it s formed of highoctane compound. Cracking. Process to break large molecules of crude oil into smaller ones: known as thermal cracking when the process is reached by the application of heat; catalytic cracking when a catalyst is used; and hydrocracking, when the process is carried out in a hydrogen atmosphere.. 68

69 Distillation. Process consisting on heating a liquid mixture until the most volatile components pass to the vapor phase, then the vapor is cooled down to recover these components by condensation. The main objectives of distillation are to separate a mixture of several components taking advantage of their different boiling points, or to separate the volatile materials of the non-volatile ones. Fractionation. Distillation process that separates small fractions of a hydrocarbon mixture. Hydrodesulfurization. Process that eliminates sulfur by transforming it to hydrogen sulfide in the gaseous stream, which can be easily separated and converted to elemental sulfur. Isomerization. Process that alters the fundamental arrangement of the atoms of a molecule without adding or subtracting anything to the original molecule. Butane is rearranged as isobutane to be used in the alkylation of isobutene and other olefins for high octane hydrocarbon production. Reforming. Process that improves the ontiknock quality of gasoline fractions by modifying their molecular structure: known as thermal reforming when is carried out by heat; and as catalytic reforming when catalyst is used. Petrochemical products These chemicals are produced from raw materials derived from crude oil and natural gas. According to the governmental resolution published on November 13, 1996, in the Official Gazette of the Federation, the categories of basic petrochemical products are constituted by those derivates that serve as basic industrial raw materials. These products can only be elaborated by the state through Petróleos Mexicanos and its subsidiary entities: 1.- Ethane 2.- Propane 3.- Butane 4.- Pentane 5.- Hexane 6.- Heptane 7.- Carbon black 8.- Naphtha 9.- Methane, when it comes from hydrogen carbides, obtained from reservoirs located in Mexican territory and used as raw material in industrial petrochemical process. In addition, Petróleos Mexicanos has petrochemical by-products and other products which, according to the generally adopted convention, are not petrochemicals but are elaborated in its petrochemical areas. Region A goegraphical area corresponding to the administrative division of Pemex- Exploration and Production. The regional heads are located along the Gulf of Mexico Coast: Poza Rica, Veracruz (Northern Region), Villahermosa, Tabasco (Southern Region) and Ciudad del Carmen, Campeche (Northeastern Marine Region and Southwestern Marine Region). Asset. An administrative subdivision of each region. Are maintained the integral asset: ATG, Burgos and Veracruz of the Northern Region, and the other integral assets change their name to productive assets, merging assets Macuspana and Muspac of the Southern Region: Northeastern Marine Region: Cantarell and Ku-Maloob-Zaap.(productive assets) Southwestern Marine Region: Abkatún-Pol-Chuc and Litoral de Tabasco (productive assets). Southern Region: Bellota-Jujo, Cinco Presidentes, Macuspana-Muspac and Samaria- Luna (productive assets). Northern Region: Burgos, Veracruz and ATG (integral assets) and Poza Rica-Altamira (productive assets). Reserves Estimated amount of hydrocarbons that can be commercially recovered from wellknown formations at a specific date. It is worth mentioning all estimated reserves involve some grade of uncertainty. The SEC permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms in this document, such as total reserves, probable reserves and possible reserves, that the SEC s guidelines strictly prohibit us from including in filings with the SEC. Proved reserves (1P). Estimated volumes of hydrocarbons which geological and engineering analysis demonstrates with reasonable certainty will be commercially recoverable in future years from known reservoirs under the prevailing economic conditions and existing operations; for example, prices and costs at the date of estimate. Prices include existing changes or contractual arrangements but are not based on future conditions. 69

70 STATISTICAL YEARBOOK Pemex 2013 ProbAble reserves (2P) Those reserves which analysis of geological and engineering data suggests are more likely to be recovered than to not being recoverable. If probabilistic methods are employed for evaluation, there is a probability of at least 50% that the amounts to be recovered will be equal to or greater than the sum of proved plus probable reserves, also called 2P reserves. PublIc PrIces The public prices that are presented correspond to different reference places, which are shown in the following table: Product Reference place PossIble reserves (3P) Those hydrocarbon reserves which analysis of geological and engineering data suggests are less likely to be recoverable than probable reserves. According to this definition, when probabilistic methods are employed, there is a probability of at least 10% that the amounts actually recovered will be equal to or greater than the sum of proved, probable and possible reserves, also called 3P reserves. domestic sales. Sales that Petróleos Mexicanos bills to its distributors in Mexican territory or that it carries out directly to national clients for intermediate and end use. The sales value excludes taxes (STPS and VAT) and commissions to distributors. regionalization of refined Products sales. Since 2002 sales petroleum products adopted the economic regionalization used by the executive branch of the Mexican Government. Central Region: Estado de Mexico, Distrito Federal, Morelos, Tlaxcala, Hidalgo and Puebla. Northeastern Region: Chihuahua, Durango, Coahuila, Tamaulipas and Nuevo León. Northwestern Region: Baja California, Baja California Sur, Sonora and Sinaloa. Central-western Region: Nayarit, Zacatecas, Aguascalientes, Jalisco, Colima, San Luis Potosi, Guanajuato, Queretaro y Michoacan. South-southeastern Region: Veracruz, Guerrero, Oaxaca, Chiapas, Tabasco, Campeche, Yucatán and Quintana Roo. Natural gas LPG Jet fuel Heavy fuel oil Acrylonitrile Ammonia Vinyl chloride Estireno Monoetilenglicol grado fibra Hexano Polietileno alta densidad Polietileno baja densidad 20020P Polietileno lineal baja densidad Tolueno Central zone with additional base noticed FOB Price Abasolo shipper center Mexico City airport Tula Producer Center Morelos Producer Center Cosoleacaque Producer Center Pajaritos Producer Center Cangrejera Producer Center Morelos Producer Center Cangrejera Producer Center Morelos Producer Center Cangrejera Producer Center Morelos Producer Center Cangrejera Producer Center 70

71 NOMENCLATURE C Celsius degrees kg/cm 2 Kilogram per square centimeter km Kilometer m Meter bd Barrels per day Mbd Thousand barrels per day MMb Million barrels MMbpce Million barrels of crude oil equivalent Mm 3 Thousand cubic meters MMMpc Billion cubic feet MMpcd Million cubic feet per day Mt Thousand tons MTBE Methyl tertiary butyl ether IEPS Special Tax on Production and Services INPC National Consumer Price Index Ps. Mexican pesos CAPEX Capital expenditure L.D. Low Density H.D. High Density FG Fiber grade VAT Value Added Tax GPC Gas Processing Center PC Petrochemical Complex OPEC Organization of the Petroleum Exporting Countries PPQ Pemex-Petrochemicals PGPB Pemex-Gas and Basic Petrochemicals PIDIREGAS Long-term Productive Infrastructure Projects ppm Parts per million MMUS$ Million dollars MM$ Million pesos US$/b Dollars per barrel US$/MMBtu Dollars per million Btu WTI West Texas Intermediate $/kg Pesos per kilogram $/m 3 Pesos per cubic meter Negligible figure - Null value ULS Ultra low sulfur FRS Financial reporting standars FOB Free on board Explanations: Annual variations are determined based on the original figures before rounding. Figures may not total due to rounding. Operating figures can be modified by adjustments and complaints that are solved after the accounting settlement, thus variations with respect to accounting figures may appear. International trade figures include operations related with the Petróleos Mexicanos system. The amounts shown in our consolidated financial statements do not express the provisions of Bulletin B-10 under Mexican FRS, which requires to express amounts in thousands of constant pesos. The statistical yearbook contains Petróleos Mexicanos information as of December 31, For information about this publication, please contact the Gerencia de Integración de Información Institucional, at Marina Nacional #329, Floor 31, Col. Petróleos Mexicanos C3, Mexico City, or by calling: (52)

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