Mexico's Pemex Plans to Export Less Oil as New Refinery Starts Up

Pemex's plan to reopen wells to compensate for the fall in production would be a short-term 'curita', said a sector analyst.

Mexico will only export about 400,000 barrels of crude oil per day when the Dos Bocas refinery operates at its maximum capacity, said Margarita Pérez, director general of PMI Comercio Internacional, on Monday, May 12.This will happen because Mexico will demand higher crude oil to produce its own fuels and thus meet one of the government’s promises: Energy self-sufficiency. Pemex hopes that the Olmeca refinery will operate 100 percent at some poi…

Petróleos Mexicanos, the state-owned company known as Pemex, evaluates a portfolio to develop Liquefied Natural Gas projects in Mexico, a net fuel importing country, mainly from the United States.Rosa Elena Torres Ortiz, advisor to the director general of Pemex, explained that the first project to be justified is a plant in Salina Cruz, state of Oaxaca, facing connectivity with the railway line to be able to take the gas to Chiapas and even Guat…

Pemex will reactivate closed wells through a service model with private companies, without budgetary cost, seeking to increase production without compromising public resources. Mexican Oils (Pemex) presented a new national strategy for the reactivation of closed wells, with the objective of increasing the production of hydrocarbons without generating direct costs for the company or affecting the budget of Pemex Exploration and Production (PEP). …

The commercial arm of Mexican state oil company Pemex, PMI, points to a reduction in crude oil exports by 2025 because it expects to send more quantities to its local refineries, especially Olmeca, which is in the start-up phase. Olmeca, located in Dos Bocas, Paraido, Tabasco, has faced problems in starting and maintaining a stable level of processing and production, despite the fact that Pemex and the government have announced in the past that …

Mexico's Pemex Plans to Export Less Oil as New Refinery Starts Up

The trading arm of Mexico's state company Pemex, PMI, is anticipating a reduction in crude oil exports this year as more will be sent to local refineries, especially the new Olmeca refinery, a company director said on Monday.Once the country's newest refinery is fully operational and able to process