Mexico's Pemex to lift crude processing to 1.2 M bpd this year
3/17/2023 2:01:31 PM
(Reuters) - Mexican state-run oil company Petroleos Mexicanos, also known as Pemex, expects to increase its crude processing to 1.2 M bpd this year, Energy Minister Rocio Nahle said Thursday.
The rise from 922,000 bpd processed currently would come from Mexico's six active refineries along with Pemex's refinery in Deer Park, Texas, Nahle said at President Andres Manuel Lopez Obrador's regular news conference.
"Our commitment is to process 1.2 M bpd this year," she said.
Nahle added that the Olmeca refinery, which she has previously said will begin to process crude oil in July, is expected to help Mexico become self-sufficient in gasoline and diesel in 2024.
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