Mexico’s state-owned oil company Pemex recently announced that its Cadereyta refinery had partially restarted operations, allowing it to resume production. Cadereyta, one of Pemex’s six domestic refineries, can process up to 275,000 barrels of crude oil per day.
It was shut down last week following what the company described as a shortage of water needed to supply the plant’s boilers.
The prospect of a prolonged shutdown prompted the company to evaluate the need for additional imports to compensate for lost production at the facility, which so far this year has averaged about 66,000 bpd of Pemex’s Magna gasoline and 41,000 bpd of ultra-low sulfur diesel.