MEXICO CITY, May 3 (Reuters) - Mexican state energy
company Pemex will process 1.452 million barrels per day (bpd)
of crude oil this year, CEO Octavio Romero said on Friday, in
updated estimates that include the new Olmeca refinery in Dos
Bocas.
President Andres Manuel Lopez Obrador has sought to achieve
"energy self-sufficiency" by ending fuel imports and producing
all the gasoline Mexico needs during his term of almost six
years at the end of September.
Romero said the refinery in the southeastern state of
Tabasco would add 177,000 bpd to Pemex's total processing while
the Deer Park refinery in Texas adds about 271,000 bpd to the 1
million bpd of the six other refineries.
Last week, Pemex officials said the Olmeca refinery, which
is running behind schedule and over budget, would start
producing diesel this month.
Romero said on Friday that Pemex will carry out tests in the
Olmeca refinery using a distillate with a high sulfur content
from the Madero refinery in the northeastern state of Tamaulipas
in an attempt to produce ultra-low sulfur diesel, or ULSD.
"Today we should start producing the first barrels (of
diesel)," Romero said, speaking alongside Lopez Obrador at a
press conference. Romero added that regular gasoline would
follow in the coming weeks.
Romero said that at the end of September, the state company
would be importing only 85,000 bpd of refined products - down
from 927,000 bpd at the end of 2018.
Romero also said Pemex, the world's most financially
burdened energy company, would keep paying down debt. This
month, will make payments to suppliers for 70,000 million pesos
($4.13 billion).
"We are looking to make important payments to suppliers so
that in the month of August... we have regularized all that is
due with our suppliers," he added.
($1 = 16.9535 Mexican pesos)