Insight
Latin American refining: 5 things to look for in 2019
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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