According to PEMEX, between January and September 2025, Mexico sent oil and derivatives worth 400 million dollars to Cuba.
MIAMI, United States. – Petróleos Mexicanos (PEMEX) informed the United States Securities and Exchange Commission (SEC) that, between January and September 2025, it sent oil and derivatives worth 400 million dollars to Cuba, but customs records for the same period exceed 3,048 million dollars, a gap that is equivalent to 87% of the total value declared to customs, according to an investigation of Mexicans Against Corruption and Impunity (MCCI).
The report indicates that PEMEX, in “the most recent report presented to the SEC, dated last December,” reported that the hydrocarbons exported to Cuba through its subsidiary Gasolinas Bienestar in the first nine months of 2025 —until September 30— “amounted to an amount of 400 million dollars.”
The investigation itself adds that the review of the information reported by Mexican customs authorities indicates that, in that same period (January-September 2025), the Government of Mexico sent oil and derivatives to Cuba – “especially fuels” – for “more than 3,048 million dollars”, so the 400 million reported to the SEC “represents[n] just 13 percent of what was declared to customs.”
As support, the text cites an excerpt from the report delivered to investors in the United States and reproduces the statement: “Since July 2023, Gasolina Bienestar, our wholly owned subsidiary, acquires crude oil and petroleum products from some of our affiliates for export to the Republic of Cuba,” the document indicates.
In that same section, the investigation also cites the export figures attributed to Gasolina Bienestar for the first nine months of 2025: “During the nine months ended September 30, 2025, Gasolina Bienestar exported 17,200 barrels per day of crude oil and 2,000 barrels per day of petroleum products, for a total amount of 7.9 billion pesos ($400 million dollars).”
The report contrasts these figures with customs data available on foreign trade platforms, specifically ImportKey and Veritrade, which – according to MCCI – report “identical figures until September”: “a total of 60 shipments by Gasolina Bienestar to Cuba, with the Cuban state company Coreydan as importer, and with a value of shipments that exceeds 3,048 million dollars.” It adds that, for the most part, these exports were made between May 29 and September 29, 2025 from the port of Coatzacoalcos, Veracruz, and included products such as crude oil, gasoline, diesel and jet fuel.
MCCI also states that, since October 13, it revealed an increase in subsidized fuel shipments to Cuba during Claudia Sheinbaum’s government, exporting “in the second quarter of the year hydrocarbons worth more than 3,000 million dollars,” and compares that figure with “the 1,000 million dollars sent by AMLO between July 2023 and September 2024.” The report adds that “even the Sandino ship, sanctioned since 2019 by the United States,” would have been used in these transfers.
According to the publication, after the information was disseminated – which generated criticism from US congressmen and even officials from the Administration of the President of the United States, Donald Trump – shipments of subsidized fuel “decreased considerably in the subsequent months, starting in September,” as MCCI reported on December 18. However, the text maintains that PEMEX hydrocarbon shipments “continued to arrive in Cuba” at the end of 2025 and the beginning of 2026, and says that this was documented with satellite tracking tools that recorded transfers of the Ocean Mariner ship — “with capacity for 14 million liters of fuel” — from Coatzacoalcos to Havana.
The report adds that the British newspaper Financial Times published on January 6 that, based on industry data and citing information from MCCI, Mexico surpassed Venezuela and became the main supplier of oil to Cuba in 2025. Likewise, he affirms that President Claudia Sheinbaum has defended this support under the argument that it is humanitarian aid and that she has promised to report on fuel shipments to the Island, but that “to date neither she nor PEMEX have detailed their exports to Cuba.”
