Pemex to ramp-up crude processing

Mexico

MEXICO CITY, November 8, 2016 – Additional investment in refinery maintenance should help lift Pemex’s crude processing capacity by year-end 2016, the company’s Director General Industrial Transformation Carlos Murrieta said on Monday.

Pemex will spend some USD 120 million in an effort to raise processing capacity to around 920,000-960,000 bpd by the end of 2016. The maintenance programme will cover 24 units at six refineries, Murrieta told Reuters.

“We are making a big effort to designate resources that we are moving from different parts toward maintenance … and our expectation is to reach levels above 1.1 million bpd by March/April,” he was quoted as saying.

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