Pemex Designates Four Shipments to Import Light Crude Oil

Instant Max AI Immediate Frontier

(Pemex, 22.Oct.2018) — Petróleos Mexicanos evaluated several proposals for shipments to supply light crude oil, in accordance to the parameters established by Pemex Transformación Industrial (Pemex Industrial Transformation).

As a result, PMI assigned four shipments of 350,000 barrels each for the import of Bakken light crude oil, which will be delivered during the month of November.

Currently, the contracts are in the process of being signed and the details of the assignment will be published once this process is completed.

This decision is in line with the strategy to improve the quality of the crude oil used in the National Refining System, which will result in higher value distilled products, such as gasoline and diesel fuel.

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