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Commodity: Pemex wants to process 1.16 million barrels of crude oil per day by the end of 2023

10/10/2023
Source : ORISHAS FINANCE
Categories: Raw materials

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The CEO of Pemex indicated on Monday, October 9, 2023, that his company plans to process 16 million barrels of crude oil per day by the end of 2023.

The goal pursued by the Mexican state-owned oil company would represent significant growth compared to current refining levels. According to the CEO, these optimistic forecasts included planned treatment at the company's six national refineries, at the new Olmeca refinery when it comes into service, and at the Deer Park facility, based in Houston. Crude oil processing at Pemex's national refineries was halted in August, while Mexican President Andres Manuel Lopez Obrador set himself the major political objective of refining more fuels nationally

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