Mexico’s Olmeca refinery exports first ULSD cargo
The Olmeca refinery, which is designed to process 340,000bopd, has been repurposing high-sulphur diesel from the Madero refinery into ULSD.
24 April 2025
24 April 2025
The Olmeca refinery, which is designed to process 340,000bopd, has been repurposing high-sulphur diesel from the Madero refinery into ULSD.
This adjustment indicates a potential strain on the nation's budget, which is already burdened by substantial defence spending due to the conflict in Ukraine.
The approval is set to be announced during a two-day energy security summit in London, starting today.
TD Securities secured the leading position in terms of deal value, advising on transactions worth $10.4bn.
The planned Port Fourchon facility is expected to have an initial production capacity of 12mtpa.
Norton Rose Fulbright secured the top position by value, advising on deals worth $11bn.
Initial data indicates that the oil from the Bourdon field has the lowest viscosity among the Dussafu discoveries, averaging 3.5cp.
The chief science officer at supply chain insights firm Altana expects more complexity, more regulation and a reordering of trade.
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