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Pemex Refinery Runs Fall Again to 51.8% in May
Oil processing at Mexico’s Pemex domestic refineries were reduced again in May to 51.8% as the impact of the Minatitlan refinery fire in April lingers, according to Bloomberg based on company data.
- Runs have fallen from an eight year high of 65.3% in March and compared to 58.4% in April. Mexico’s six refineries have nameplate total capacity of 1.627mb/d.
- Runs have also fallen as the Tula refinery was ordered by environmental authorities to curtail runs due to deteriorating air quality in the area surrounding the capital. Tula was ordered to reduce rates on 18 days in May.
- Salamanca also reported a sulphuric acid leak from the catalytic plant in the last week of the month.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.