Loaning $1.2 billion to Petroleos Meicanos, Mexico’s national oil and gas company, will support 8,500 jobs in Texas, California and Louisiana, according to the Export-Import Bank of the United States.

The Ex-Im Bank authorized the financing in four separate transactions that support the export of U.S. goods and services to Pemex.

Exporters in Texas, California, and Louisiana are expected to benefit the most from the loan program.