Pemex produces a significant share of the world’s oil. But that oil doesn’t come out of the ground ready to use — it has to first be refined.
Every day, millions of barrels of oil are refined across the the different refineries in Mexico. The increase in Pemex projects over the last few years has led to an increased demand from Mexican refineries and Pemex has set out to improve them all.
The following refiners are the three largest oil refineries in Mexico and the current state of developments for each.
Salina Cruz Refinery
The Salina Cruz Refinery is owned by Pemex and refines about 290,000 barrels of oil every day. It’s located in Salina, Oaxaca just off of the Pacific coast.
In 2014, Pemex announced its plans to make changes to the Salina Cruz refinery so that it operates on cleaner and more affordable fuels. In 2015, Pemex invested around $668 million into the Salina Cruz refinery for the purposes of refitting the refinery and expanding their natural gas pipeline. The goal is to expand the natural gas pipeline by 75 percent in the next few years.
The Cadereyta Refinery, also known as the Hector R. Lara Sosa Refinery, is also owned by Pemex. It’s located in Cadereyta, Nuevo Leon and has the capacity to refine up to 275,000 barrels of oil per day.
The Cadereyta Refinery Reconfiguration Project (CRRP), from 2011, improved the structure of the Mexican petroleum industry just in time for the increase in oil production and gasoline sales that started in