Energy Reform allowed the entry of new competitors to the Mexican energy market, through free competition. Several brands announced their plans for the gasoline sector and the results have been satisfactory, while Pemex has lagged behind in this new scenario.
Andres Manuel Lopez Obrador (AMLO), President of Mexico, plans to recover the metrics of the energy sector quickly, and the refining sector plays a key role in this process. Pemex reported its refining production in May this year, showing a recovery in this metric in recent months, but insufficient to meet its goals.
The government is currently investigating Pemex’s gasoline import scheme, controlled by subsidiary PMI Trading since 1992. The development of these and more stories in our periodic Retail summary.
The government of Andres Manuel Lopez Obrador (AMLO) continues to insist on the construction of a new refinery in Dos Bocas. Rocio Nahle, Secretary of Energy (Sener) and the private sector talked about this issue.