Mexico oil firm Pemex's debt with suppliers rises 17.3% in March

Mexican state oil producer Pemex's debt with suppliers rose 17.3% month-on-month in March to reach 163.2 billion pesos ($9.53 billion), according to a report published by the company on Monday. Pemex owes providers 162.9 billion pesos from this year and last, with projects and materials pending invoice at the end of March for another 326 million pesos.

Mexican state oil producer Pemex's debt with suppliers rose 17.3% month-on-month in March to reach 163.2 billion pesos ($9.53 billion), according to a report published by the company on Monday.

Pemex owes providers 162.9 billion pesos from this year and last, with projects and materials pending invoice at the end of March for another 326 million pesos. The report does not include debt stemming from disputes or taxes, nor that involving projects in conciliation proceedings with creditors.

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