The Mexican government’s plan to reduce the country’s dependence on imported gasoline and diesel risks swapping one addiction for another, with crude oil imports seen rising. Bloomberg reports that state-owned Pemex had estimated that it would book a supply deficit of 47,000 bpd next year and 97,000 bpd in 2024 because of a boost in processing capacity at its Cangrejera refinery.
The report was based on documents from the company that Bloomberg had seen. Yet government plans also involve the construction of a whole new refinery, Dos…Mexico Doubles Down On Energy Independence Ambitions
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