International refiners are posting high profit margins and Pemex has been no exception. The state company reported profits after more than three years without doing so.
The agencies warned from the first months of the six-year term that the goals that Pemex set for the refining business would put the finances of the state company in trouble.
Mexican crude has become an important part of the diet of refineries in the neighboring country. Stopping foreign sales would mean changes in the market dynamics.
The national oil company has not given details on the volume of refined products that Mexico will receive from the plant in Texas, which has the capacity to process 340,000 barrels per day (bpd).
Danni Büchner is invited to Sam Dylan's Halloween party. But the "Goodbye Germany" emigrant has no desire for many other party guests. And find clear words.