According to figures from the Secretary of Energy (Sener) and of Mexican Petroleum (Pemex) until August 2024, the participation of imported fuel National consumption fell from 72.3% to 60.7%, this in an analysis of the six-year term of President Andrés Manuel López Obrador.
Comparative
Once the Olmec refinery accelerate its production, it is estimated that the reduction will continue, as well as when the modernization of the plants is completed. Tula and Salina Cruz refineries next year.
According to national media, the six-year reduction fell short considering that the López Obrador government’s bet was that at its end Mexico would stop importing fuels.
Until August 2024, Pemex and private marketers They brought 792,385 daily barrels of automotive and aviation fuels (gasoline, diesel and jet fuel) from abroad, which represented 60.7% of apparent consumption that amounted to 1 million 305,985 barrels.
In contrast, during 2018, 935,128 barrels per day were imported, which represented 72.3% of apparent consumption, which that year totaled 1 million 293,276 barrels per day. Of the imports made until August of this year, in closed numbers 510,000 barrels per day correspond to gasoline, 220,000 to diesel and 62,000 to jet fuel.
Of these, private marketers, for whom the market opened in 2016, participate with around 25%, around 10 percentage points less compared to the peak share of 35.9% that they reached in 2021.
Strategies
The actions coincide with Pemex’s efforts to recover market share and also with government policies aimed at that end, such as tightening the conditions for granting permits for fuel import and storage to private.
When operating under normal conditions, the Olmec refinery It should provide around 260,000 barrels per day of fuel, which could reduce import needs to just over 500,000 barrels per day.
See more
#Mexico #reduces #share #fuel #imported #countries