TABASCO, Mexico (Reuters) - Mexico’s government will absorb the debt amortization payments as of this year of state oil firm Petroleos Mexicanos (Pemex), the world’s most indebted national oil company, chief executive officer Octavio Romero said on Thursday. Those payments will represent over $6.0 billion in 2021, Romero said at an event in the southern oil-rich state of Tabasco. Mexico’s fiscal deficit will widen to 4.1% of gross domestic product this year, with ongoing support for ailing Pemex driving up debt, ratings agency Moody’s Investors Service said in late February. Moody’s estimated that Pemex will need $14.7 billion in government support this year alone. “The president of the republic has offered, since the campaign, to rescue Pemex, and he is demonstrating that with actions,” Romero said, standing alongside Mexican President Andres Manuel Lopez Obrador. Pemex’s financial debt stood at $113.2 billion at the end of 2020, according to company data, despite several capital injections from the government to boost the company’s weak finances. Romero added that Pemex has made a discovery containing between 500 million to 600 million barrels of crude oil and that the company hopes to close 2021 with production close to 2 million barrels of crude per day (bpd). Lopez Obrador said, without giving details, that the Finance Ministry will continue to reduce Pemex’s tax obligations and that during his administration, which runs through the end of 2024, no more than 2.0 million bpd of crude will be extracted. Pemex extracts some 1.7 million bpd currently.