Obrador’s Government Will Renovate Refineries of Petroleos Mexicanos

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(Prensa Latina, 1.Oct.2019) — The government of elected president Andres Manuel Lopez Obrador will make a strong investment to rehabilitare the six refineries presently property of Petroleos Mexicanos (Pemex) in the country, it was known today.

Obrador announced that in the period 2019-2020 they will use with such purpose 50 billion pesos (about three billion dollars).

Refineries are located in Tula, Hidalgo; Cadereyta, Nuevo Leon; Salamanca, Guanajuato; Minatitlan, Veracruz; Salina Cruz, Oaxaca, and Ciudad Madero, in Tamaulipas.

Those industries have had operational problems and México was forced to increase gasoline imports.

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