A report in El financiero mentions that operations could stop at Salina Cruz refinery in Oaxaca because of blockages in the city. If so, there would be a shortage of gasoline, diesel and jet fuel.
Due to the continuous blockades of roads, trucks have to stop at the entrances and exits of the Antonio Dovalí Jaime refinery in Salina Cruz.
After a week in Mexico City and another week at the Global Petroleum Show in Calgary, Mexico’s ‘belle of the ball’ status is clear. But the government’s strong desire to see increased production through foreign investment does not mean social, or indeed environmental, conditions will be any easier.
According to the Mexican Association of Petroleum Industry (Amipe), Pemex in platforms contract renewal, has made the determination to temporarily suspend 20, renew another 20 and cancel the remaining (13).
Currently José Antonio González Anaya, CEO of Petróleos Mexicanos (Pemex), is in London, seeking agreements with European investors for the first farm-out in the Gulf of Mexico.
When the price of WTI (West Texas Intermediate) surpassed the US$100 per barrel in 2014, it was all happiness in the sector with large projections and expectations; just two years later with the barrel closer to US$50, things have changed substantially.