MEXICO CITY, Dec 26 (Reuters) - Mexican state energy
company Pemex resumed refining operations at is new
Olmeca refinery in November, working at nearly 17% of its
340,000-barrel-per-day (bpd) capacity after being fully offline
in October, official numbers showed this week.
Output at the refinery, located in the port of Dos Bocas,
remains far below the government's targets and hampers plans to
make the country self-sufficient in motor fuels.
In November, it processed 59,466 bpd of crude oil, numbers
released by the company late on Tuesday showed. Of the month's
output, 7,038 bpd were diesel, 1,582 bpd gasoline and 5,742 bpd
petroleum coke.
Together with its other six local refineries, Pemex refined
751,797 bpd that month, the second lowest for a single month,
operating at 39% of their combined capacity.
Inaugurated in July 2022, the refinery has cost close to $17
billion, more than double of what was initially budgeted for the
landmark infrastructure project of former President Andres
Manuel Lopez Obrador. So far, it has not fully worked.
The government of President Claudia Sheinbaum has reiterated
promises that the venture would bring the country closer to
self-sufficiency in diesel and gasoline, although has recently
confirmed that the new refinery was still being tested.
Sheinbaum, like her predecessor and political mentor Lopez
Obrador, seeks "energy sovereignty" to stop importing motor
fuels, though official numbers show this has not materialized.