Mexico's state-owned Pemex expects to export just 435,000 barrels per day (bpd) of crude in 2022, its director, Octavio Romero, said Tuesday as the company allocates more oil to refining.
The estimate is well below what is planned in the budget approved by the Chamber of Deputies for next year, of 979,000 bpd and the average of around 1 million bpd exported until November 2021.
President Andrés Manuel López Obrador has said that one of the goals of his administration is to achieve self-sufficiency in gasoline production and reduce the country's large imports.