Pemex does not explain the specific variations in its figures, but its directors say that the deterioration in which the plants were received explains its performance, which, however, has improved from average levels of 590,631 bpd in 2020, but far from the promises of officials of this administration and the previous one to take it to between 1.0-1.2 million bpd.
The Government announced months ago that the inaugurated and still under construction refinery in Dos Bocas, in the southeast of the country, would add barrels of oil from July of this year, but a few days before that period, nothing has been said recently on the subject and many expect another official act with minimal production.
stable crude oil production
López Obrador and Pemex have also bet that the state-owned refinery in Deer Park, Texas, will help fuel demand for products in Mexico, but in reality the facility markets most of its oil products in the United States.
The low local processing in May was also reflected in a reduction in gasoline production to 261,800 bpd, 10% less than in April and 9% year-on-year, which was surpassed by fuel oil, at 273,800 bpd.
The unwanted production of the dirty fuel, used mainly for the generation of electricity, averages 298,800 bpd this year, above that of gasoline, 277,600 bpd, a problem that the Government has said will solve in part with the start-up of two cokers, for which it has announced investments of about 6,000 million dollars.
To meet local demand and complement its own production, Pemex gasoline imports rose to 351.5000 bpd in May compared to 347.3000 in April, but they were 24% less year-on-year.
In a month of less local processing, Pemex reported an increase in its crude exports in May to 1.09 million bpd compared to 989,000 bpd in April, and 964,000 in the same month last year.
Meanwhile, crude oil production was 1.59 million barrels per day (without Pemex partners), more or less stable so far this year, but below the 1.8 million bpd of 2018, when López Obrador came to power. in December.
Condensate production, a very light, low-density hydrocarbon, was 293,000 bpd in May, a figure that Pemex usually adds to that of crude to show a rebound in liquid hydrocarbon production of 1.88 bpd from 1.76 million bpd in 2022 and 1.74 million bpd in 2021.