Pemex had to import light oil to send to the National Refining System (SNR) last year. Andres Manuel Lopez Obrador (AMLO), President of Mexico, opposed this alternative, and he argued that this was not going to happen again. However, it looks like the NOC has imported light crude yet again.
The government of Andres Manuel Lopez Obrador (AMLO) has taken several measures to solve the operational and financial crisis of Pemex. The Mexican government continues to show its optimism about the possible results in the short term. This time, Rocio Nahle, Secretary of Energy (Sener), talked about the refining production goal for this year.
The Mexican government continues to show its optimism about the recovery of Pemex’s operational metrics. Rocio Nahle, Secretary of Energy (sener), spoke about the expectations of refining production by the end of this year.
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.