Pemex Requests $6.5bn More Funding for ‘Dos Bocas’ Refinery

(Reuters, 12.Aug.2022) — Mexico’s state-oil company Pemex requested this week almost $6.5 billion in additional funding from the government to pay for works at the ‘Dos Bocas’ refinery this year, according to a document and two sources familiar with the matter.

The additional funding is to cover works not initially included in the project’s proposal, higher construction and startup costs, according to the document and sources.

____________________

Reporting by Adriana Barrera and Ana Isabel Martinez; editing by Stephen Eisenhammer