Pemex refineries ramp up production in March, but still operate at 40% of total capacity
Mexico’s Oil & Gas company Petroleos Mexicanos (Pemex) processed 651,600 barrels of crude oil per day in its six refineries during March, which is 19.7% higher than what it processed in February by 107,337 barrels per day. However, the volume of March implies a fall of 35% in contrast to what was processed in the same month a year ago.
The state-owned company reached a capacity to process 1.6 million barrels per day at the end of 2016, which means that in March just 40.6% of it was used, according to figures from the National Refining System.
According to the indicators, the refineries in Madero, Tamaulipas and Minatitlan, Veracruz restarted operations in February after being idle since the fourth quarter of last year due to reconfigurations and the natural disaster that hit the country.