MOSCOW (MRC) -- Mexican state oil company Pemex aims to finalize the first shipment of crude oil for export later on Monday since restarting operations at its Salina Cruz terminal in southwest Mexico, reported Reuters with reference to a company official's statement on Monday.
The first shipment from the Salina Cruz terminal would be Maya crude for export to the west coast of the United States, said the official, who was not authorized to speak publicly.
The information from the official confirmed Reuters data tracking oil tanker movements around the Salina Cruz terminal, where operations were put on hold following a massive earthquake off the southwestern coast of Mexico on Sept. 7.
Salina Cruz is also the site of Mexico’s biggest refinery. Pemex has said it expects refining operations to begin again at Salina Cruz in the third week of October.
As MRC wrote previously, in early August 2017, Pemex was planning to begin restart of propylene production at two of its refineries the following week as it brought the key processing units back online. Pemex planned to restart a fluid catalytic cracker the following week at its Salina Cruz refinery in Oaxaca, which had been shut following a June 14 fire. Pemex's Minatitlan refinery in Veracruz saw the first of two FCC units come back online August 5, and the second unit restarted on August 12. The Minatitlan units had been offline for maintenance, the source previously said.
Pemex, Mexican Petroleum, is a Mexican state-owned petroleum company. Pemex has a total asset worth of USD415.75 billion, and is the world's second largest non-publicly listed company by total market value, and Latin America's second largest enterprise by annual revenue as of 2009. Company produces such polymers, as polyethylene (PE), polypropylene (PP), polystyrene (PS).
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