The new Olmeca refinery, also known as Dos Bocas, of the state -owned Petróleos Mexicanos (Pemex), registered in March its largest numbers of crude oil processing and production of oil since its figures are reported in the middle of last year, promoting the numbers of the oil refining arm whose hydrocarbon production remains in decline.
However, the refiner is still far from reaching the maximum production goals that were announced several times from the past government -when it was built -, it processed in March 102,938 BPD (30% of its total capacity of 340,000 BPD), overcoming the top of 84,128 BPD of August 2024, according to figures disclosed on Wednesday night.
Olmeca produced 50,702 BPD in March of oil, of which 35,096 BPD were of ultra -low sulfur diesel, followed by some coke and very scarcely gasoline.
The refinery was one of the key works of President Andrés Manuel López Obrador, its cost has duplicated the 8,000 million dollars that it announced and has failed to operate stable. In August last year, on a day that the Government described as historic, it was assured that that same month would be producing 175,000 BPD of gasoline and 130,000 Diesel BPD.
The processing of Olmeca -also known as two mouths for the town where it is located -increased the total of the seven local Refineries of Pemex to 1.01 million BPD, 13% more than in February but 4.4% less than in March last year, when the new refinery did not operate yet.
Pemex reported on the eve that the refinery was in the process of starting after an incident days ago. In January he processed anything due to the problems of Mexican oil quality and according to a Reuters report exported diesel in April due to infrastructure problems to distribute it locally.
The figures of the indebted Pemex also revealed that the production of crude and condensate fell in March, to 1.6 million BPD, 11% less than in the same month last year. The state reported on the eve that lost almost the equivalent of 2,120 million dollars and in the first quarter and that the production had collapsed 11.3% year -on -year, or 205,000 BPD.
Company managers said Wednesday in a call with analysts about the results that would increase production to the goal of 1.8 million BPD towards the end of the year and maintain it thus during the current six -year period, promoted in part by new contracts with private companies that hopes to start subscribing in the second semester.
Some media and two sources said Wednesday night that the director of Pemex in charge of production and exploration, Néstor Martínez, would leave office and would be replaced by another official who worked in the oil company in the previous administration. Pemex did not respond to repeated requests for comments from Reuters.
With Reuters information.
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