Insight
Latin American refining: 5 things to look for in 2019
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Report summary
2018 was the year of countercyclical demand and drastic declines in refining operations in Latin America. Regional imports grew to almost 1.5 million b/d. As 2019 takes off, we highlight the five things to look for in 2019 that are more likely to shape the profile of fuel imports in the following months. -Could Petrobras be smaller and slimmer by the end of the year? -Could refinery in the Curacao and Trinidad and Tobago find new operators? -Will refinery operation increase in Mexico by the end of 2019? -Will Petroperu complete the financing for the Talara revamp? -How long can resilience in the Venezuelan fuels market last?
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