Insight
Will Mexico shift from gasoline to crude imports?
Report summary
Mexico is at a crossroads; one path will lead it toward gasoline self-sufficiency and the other toward the well-known trail of imports dependence. The path of gasoline self-sufficiency requires both refinery sector investment and operational changes, and additionally could affect Maya crude export levels. In this insight, we explore our base case and two scenarios to answer the following questions: • What refinery investments are needed to meet Mexico’s gasoline self-sufficiency goal? • What operational conditions (utilisation, refinery yields) are necessary for domestic gasoline production to meet growing demand? • What is the danger of Maya crude exports if the goal is achieved?
Table of contents
- The challenge
- How import-dependent is Mexico to meet domestic gasoline demand?
- If the goal is to achieve gasoline self-sufficiency, what are the investment proposals and the strategy to achieve it?
- Scenario analysis: How can Mexico’s refining sector achieve gasoline self-sufficiency?
- Key takeaways- How feasible are both forecasted scenarios?
- Conclusions
Tables and charts
This report includes 6 images and tables including:
- Gasoline demand
- Scenario 1
- Scenario 2
- Conditions to fulfill the self-sufficiency for national supply of gasolines
- Conditions to fulfill the self-sufficiency for national supply of gasolines
- 2027 Maya crude balance
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Global products market weekly: Margins decline on a slump in gasoline cracks as seasonal demand weakens
Weekly review of global refining margins across NW Europe, the Med, US Gulf Coast, New York Harbour, Singapore and the Middle East Gulf.
$1,050
Insight
US upstream in brief: Passport encouraged for tight oil players next big step
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary WoodMac views.
$1,350
Commodity Market Report
North America product markets short-term outlook October 2023
Monthly forecast of North American refining economics, including balances and crack spreads
$1,900
