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Foreign news on December 28, Pemex CEO Octavio Romero Oropeza said on Tuesday that the company plans to reduce its crude oil exports to the United States to 435,000 barrels per day in 2022 and stop exports completely in 2023.
, Because this state-owned company increased its refining capacity to meet domestic fuel demand
.
Romero Oropeza said that as Mexico completes the acquisition of the Deer Park refinery in January 2022, the country will increase its crude oil processing capacity to 1.
5 million barrels per day, thereby reducing crude oil exports
.
Energy Minister Rocio Nahle Garcia said that by 2023, the government is building a new refinery at the port of Dos Bocas that will start operations, with a daily refining capacity of 2 million barrels and a complete suspension of exports
.
Nahle Garcia said: "These refineries produce 858,000 barrels of gasoline and 542,000 barrels of diesel per day
.
"
According to the U.
S.
Energy Information Administration (EIA), Mexico exported 671,000 barrels of crude oil to the United States in September, plus 14.
3.
Ten thousand barrels of surplus fuel and unprocessed heavy oil are expected to become the second largest supplier of crude oil and refined oil products to the United States for the third consecutive year
.
Increasing refining capacity will help the government achieve its ultimate goal of self-sufficiency and end its dependence on imported fuel from the United States
.
Despite the declining demand caused by the epidemic, Mexico will still import approximately 500,000 barrels of gasoline and 200,000 barrels of diesel per day in 2021
.
, Because this state-owned company increased its refining capacity to meet domestic fuel demand
.
Romero Oropeza said that as Mexico completes the acquisition of the Deer Park refinery in January 2022, the country will increase its crude oil processing capacity to 1.
5 million barrels per day, thereby reducing crude oil exports
.
Energy Minister Rocio Nahle Garcia said that by 2023, the government is building a new refinery at the port of Dos Bocas that will start operations, with a daily refining capacity of 2 million barrels and a complete suspension of exports
.
Nahle Garcia said: "These refineries produce 858,000 barrels of gasoline and 542,000 barrels of diesel per day
.
"
According to the U.
S.
Energy Information Administration (EIA), Mexico exported 671,000 barrels of crude oil to the United States in September, plus 14.
3.
Ten thousand barrels of surplus fuel and unprocessed heavy oil are expected to become the second largest supplier of crude oil and refined oil products to the United States for the third consecutive year
.
Increasing refining capacity will help the government achieve its ultimate goal of self-sufficiency and end its dependence on imported fuel from the United States
.
Despite the declining demand caused by the epidemic, Mexico will still import approximately 500,000 barrels of gasoline and 200,000 barrels of diesel per day in 2021
.
