Insight
Mexico's new government and its flagship refinery
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Report summary
On December 9th, Mexico´s new President Andres Manuel López Obrador (AMLO) announced the new National Refining Strategy detailing plans to increase gasoline production and achieve self-sufficiency. The strategy includes overhauls to existing plants aiming to grow gasoline production to 600 kb/d by 2020 and build a new 340 kb/d refinery in the south of the country by 2021. This insights presents the specific plans presented by the new administration and their potential impact on the Mexican gasoline balance. Are these plans enough to eliminate gasoline imports from the US
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