With a premium in excess of 546 million dollars (about 479 million euros), it covers direct physical damage to all the assets of Petróleos Mexicanos (Pemex) on land and sea, as well as the general liability derived from the performance of its operations.
With an effective period of two years, the policy covers all platforms, refineries, petrochemical complexes, gas processing plants, and all other facilities of this Mexican oil company.