Mexico's Dos Bocas Refinery Project Construction Moving at Steady Pace, an Industrial Info Market Brief

Mexico's Pemex Dos Bocas grassroot refinery project aims to be completed by mid to late 2023. The new refinery, which is designed to have a capacity of 340,000 barrels per day, will not only increase the country's downstream capacity, but also diminish or even stop imports. Mexico has six operational refineries; however, they are running at less than capacity due to company finances constraints and needed repairs that are still waiting to be completed.