MEXICO CITY.- During his usual morning press conference, this Thursday, the president of Mexico, Andrés Manuel López Obradordenied that Mexican oil (Pemex) planee reduce crude oil exports by 46% this year to allocate it to the national refining after an alleged document from the state oil company was leaked to the media.
“It is not real, Petróleos Mexicanos has its plan, it has a production of 1 million 850,000 barrels per day, half of that crude oil production is being dedicated to the refineries and the other half is being exported, it has an export projection of around 900,000 barrels daily,” said the president.
Rejects alleged Pemex plan
López Obtrador denied reports from the international and national press about a alleged Pemex plan to reduce its crude oil exports by almost half from now on to allocate the fuel to the Dos Bocas refineryLópez Obrador’s flagship work in the southeast of the country.
But the Mexican president acknowledged that, once the refinery inaugurated in July 2022 in the state of Tabasco is fully operational, Pemex could stop exporting up to 340,000 barrels per day, which is equivalent to its refining capacity.
“It will be adjusted or cut to the extent that we have all the capacity to refine the raw material, crude oil in the country,” he indicated.
The president projected that, by 2024, of the 1.85 million barrels per day of crude oil that Pemex plans to produce, Mexico will generate 1,046 million barrels of gasoline, diesel and jet fuel.
Of them, he detailed, 208,000 will be processed in the Dos Bocas refinery, 597,000 in the current National Refining System composed of six plants and 242,000 will be from the plant Deer Park que Pemex bought in 2022 in the American city of Houston.
López Obrador argued that about 75% of the state oil company’s income already comes from exporting crude oil, but from the domestic market.
“The change that was applied in oil policy is stop exporting crude oil, raw material, which is what I have always questioned, it is like selling orange to buy orange juice. Why don’t we refine our oil here in Mexico and give it added value and generate employment? “That is the new policy,” he remarked.
The president defended his oil policy by stating that his Government considers “that the energy transition will still take 30 to 40 years.”
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2024-04-08 05:24:04