pemex

Mexico Metropolis. All through the six-year interval, Petróleos Mexicanos (Pemex) can have invested 75 billion pesos within the Nationwide Refining System (SNR), an quantity that’s 47 p.c higher than the 51 billion that had been allotted within the final six-year interval, the corporate reported. .

The funding of 75 billion allowed for an 82 p.c enhance in crude oil processing, and together with the rehabilitation of the six refineries that function in Mexico, in January 2022 the oil firm bought the Deer Park refinery, thereby rising the crude oil by nearly 280 thousand barrels per day, Pemex mentioned in info delivered to the Power Fee of the Chamber of Deputies.

On this manner, processing now exceeds a million 200 thousand barrels per day, that’s, a rise of 154 p.c, in comparison with the processing that existed initially of this administration.

“According to attaining gasoline self-sufficiency within the nation, we undertook the duty of rehabilitating the Cadereyta, Madero, Minatitlán, Tula, Salamanca and Salina Cruz refineries, taking them from a crude oil means of 511 thousand barrels per day, in 2018, to at least one million 31 thousand barrels within the month of March,” highlighted the corporate directed by Octavio Romero Oropeza.

He additionally specified that Pemex tasks that, subsequent September when the administration of President Andrés Manuel Lópe Obrador ends, and with the steady operation of the Olmeca refinery, the crude oil course of will attain a million 708 thousand barrels per day, and by December of this yr a million 724 thousand barrels a day.

The oil firm additionally invested sources within the building of two coking crops, one in Tula and one other in Salina Cruz, as a result of in line with the corporate director, one of many issues of refining in Mexico is that the refineries produce a number of gasoline oil, nearly 30 p.c, however with these works this useful resource will probably be used and self-sufficiency in gasoline will probably be achieved.

“In whole, these two cokers are going so as to add 154 thousand barrels of gasoline and diesel to Pemex,” he indicated.

Within the case of the Tula coke plant, as an alternative of manufacturing gasoline oil, it can produce 80 thousand barrels of gasoline and diesel, with an funding of greater than 5 billion {dollars} and it’s anticipated to start operations in July of this yr.

Whereas the Salina Cruz plant will produce 74 thousand barrels of gasoline and diesel, at a value of three thousand 500 million {dollars}, and on the finish of the six-year interval it can have an advance of 54 p.c, and it’s anticipated to be utterly prepared on the finish of the yr. .

In April, the manufacturing of liquid hydrocarbons by Petróleos Mexicanos (Pemex), which incorporates crude oil and condensates, was 1,767,000 barrels per day with out counting personal companions, a determine that translated right into a drop of 6.21 % in comparison with the identical interval final 12 months, in accordance with statistics from the state firm.

The information launched this Friday by the oil firm verify the drop in crude oil extraction reported a day earlier by the Nationwide Hydrocarbons Fee (CNH), though Pemex didn’t report – for the second time – how a lot crude oil manufacturing amounted to with out counting condensates. .

The consequence for the fourth month of the 12 months additionally translated right into a lower of 1.39 % in comparison with March, when it reported a manufacturing of 1 million 792 thousand barrels per day.

That is the bottom month-to-month stage of hydrocarbon extraction since February 2022, however this information solely takes into consideration the sum of crude oil and condensate, since crude oil manufacturing alone remained above 1.6 million barrels per day.

When together with personal companions, Pemex’s crude oil extraction was 1,784,000 barrels per day, a determine that represented a drop of 6.30 % in comparison with April 2023, whereas in comparison with March of this 12 months the lower was 1.49 %. hundred.

Crash in exports

The state firm’s crude oil exports have been 681 thousand barrels per day in the course of the fourth month of 2024, which represents a contraction of 31.14 % in comparison with the identical interval final 12 months, when Pemex reported exports of 989 thousand barrels every day.

In comparison with March, the April information confirmed a lower of 0.87 %, however added two consecutive durations with ranges decrease than these noticed till February of final 12 months, when Pemex nonetheless remained above the ground of 900 barrels per day exported.

The largest lower in exports was noticed in these directed to America, for the reason that oil firm solely despatched 484 barrels per day, a determine that translated into an annual drop of 15.67 %, whereas in comparison with March it elevated 20.09 %.

Within the fourth month of 2024, Pemex despatched a median of 99 thousand barrels per day to Europe and 98 thousand barrels per day to the Far East.

The worth of the state firm’s exports was 1,566 million {dollars}, information that confirmed a drop of 21.46 % in comparison with April of final 12 months, when the corporate reported revenue of 1,994 million {dollars}.

In comparison with March, the worth of crude oil gross sales overseas noticed a slight contraction of 0.57 %.

Fuel manufacturing with out personal companions was 4,438 million cubic toes in April, a stage that represents decreases of 11.71 and 5.95 %, yearly and month-to-month, respectively.

When counting the manufacturing of companions, Pemex reported an extraction of 4.5 billion cubic toes, information that noticed a drop of 11.67 % in comparison with April 2023 and a lower of 5.62 % in comparison with the third month of the 12 months.