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Mexico's Pemex eyeing more crude exports to India, Japan

Pemex could begin imports of light and intermediate crudes as early as this year to improve production of higher-value refined products like gasoline

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Reuters Mexico City

Mexico's state-owned oil company Pemex is studying the possibility of crude imports to boost local refinery output at the same time it expects to sell more crude to India and Japan to diversify its exports markets.

Pemex could begin imports of light and intermediate crudes as early as this year to improve production of higher-value refined products like gasoline, said Jose Manuel Carrerain, chief executive officer of P.M.I. Comercio Internacional, the international oil trading arm of Pemex.

 

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First Published: Mar 17 2014 | 7:03 PM IST

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