MEXICO’s refining system is formed by six refineries across the country and it has been thirty years since the last one was built. Although Mexico is the sixth largest crude oil producer in the world, during the first semester of 2008, Cantarell field’s production reached 2’856,000 barrels a day (b/d), an output 9.7% smaller than 2007’s and the smallest level of production for one semester in more than 10 years.
A Major Upgrading of Mexico’s Refining Capacity. An array of business opportunities