Mexico Vows Long-Delayed Oil Refinery Will Reach Full Capacity This Year ...Middle East

Mexico’s state oil firm Pemex is expected to start running the long-delayed Dos Bocas oil refinery at full capacity this year, Mexican Energy Minister Rocio Nahle said this week. The oil refinery has seen delays and cost overruns estimated around or even above $3.6 billion, and it hasn’t started producing usable gasoline yet. The plant is one of the flagship projects of Mexican President Andrés Manuel López Obrador aimed at weaning the country off fuel imports and having “energy independence”. Originally, the…

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