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Released January 14, 2025 | SUGAR LAND
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Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--IIR Energy has learned that Pemex (Mexico City, Mexico) will finish planned repairs at the 340,000 barrel-per-day (BBL/d) Dos Bocas Olmeca refinery in early February instead of late January, keeping the newly operational refinery offline.

Shortly after the refinery became operational in early-December 2024, planned maintenance of the 170,000-BBL/d Combinada Maya Train 1, the 82,000-BBL/d Reformer, and the associated units in Train 1 began in mid-December. Subscribers to Industrial Info's Global Market Intelligence (GMI) Petroleum Refining Plant Database can click here for the plant profile.

Pemex has reached the final commissioning stages across several Train 1 units, with commercial operations pending. Meanwhile, the 170,000-BBL/d Combinada Maya Train 2 and its associated units are still under commissioning and startup activities, and they may be operational by mid-2025 or later. Subscribers can click here for the project report.

The Dos Bocas refinery project has faced several delays. Initially expected to be constructed in just three years, former president Andres Manuel Lopez Obrador finished his six-year mandate without seeing the refinery operate at full capacity.

Instead, his government was forced to postpone the startup of commercial operations due to delays over the years, while it faced higher construction costs than initially planned.

According to Pemex's institutional database, the Dos Bocas refinery processed a peak of 84,000 BBL/d of crude in September, following an initial throughput of 9,000 BBL/d in June. However, the refinery did not process any oil in October. In November, it recorded throughput of 59,000 BBL/d, which is the most recent available data.

"Test runs were occurring as early as September 2024, while cogeneration issues in late October 2024 caused Pemex to halt all operations until November 19, 2024" according to Hillary Stevenson, senior director of energy market intelligence at IIR Energy.

In November, the refinery only produced 14,400 BBL/d of products such as gasoline, diesel and coke.

The Dos Bocas refinery was constructed to expand Pemex's crude processing capacity of 1.64 million BBL/d and end Mexico's dependency on fuel imports, mainly from the United States.

However, petroleum product exports from the U.S. to Mexico have only increased in the last few years. In 2023, the U.S. sent 1.2 million BBL/d of petroleum products to Mexico, the second highest yearly volume since 2004, according to data from the U.S. Energy Information Administration (EIA).

IIR Energy will continue to monitor the refinery's status.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).

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