Minatitlan refinery repair to take 90 days: Pemex

  • Spanish Market: Crude oil, Oil products
  • 14/04/21

Full repairs after a major fire at Pemex's 285,000 b/d refinery in Minatitlan, Veracruz, will likely take 90 days, although some production could restart as soon as 30 April, the state-owned company said.

"For security reasons the refinery is not operating but it is hoped that work can restart in coming days," Pemex said yesterday.

The fire on 7 April shut the refinery for what energy ministry Rocio Nahle said then would be an undetermined time. The fire started in a pump house, Pemex said, as Mexico's environmental and workplace safety agency (ASEA) had initially indicated. Pemex previoulsy said the fire may have started in a fuel storage tank.

ASEA began a physical inspection of the refinery yesterday, primarily to determine if the fire was the result of violations to safety protocols. Pemex is carrying out a root-cause analysis.

The Minatitlan site, formally the General Lazaro Cardenas del Rio refinery, processed 80,000 b/d of crude and produced 40,000 b/d of gasoline and 27,000 b/d of diesel in February.

The refinery is one of three in Pemex's six-refinery system with coking capacity, which can turn fuel oil into higher-value distillates.


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17/06/24

Rains return to Brazil's Rio Grande do Sul state

Rains return to Brazil's Rio Grande do Sul state

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UK launches anti-dumping investigation: Base Oils


17/06/24
17/06/24

UK launches anti-dumping investigation: Base Oils

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Iran rebukes G7 over nuclear warning: Update


17/06/24
17/06/24

Iran rebukes G7 over nuclear warning: Update

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Japex takes control of Norway-focused upstream venture


17/06/24
17/06/24

Japex takes control of Norway-focused upstream venture

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Iran rebukes G7 after warning over nuclear escalation


17/06/24
17/06/24

Iran rebukes G7 after warning over nuclear escalation

Dubai, 17 June (Argus) — Iran's foreign ministry has called on the G7 to distance itself from "destructive policies of the past" after the group issued a statement condemning Tehran's recent nuclear programme escalation. "Unfortunately, some countries, driven by political motives and by resorting to baseless and unproven claims, attempt to continue their failed and ineffective policy of imposing and maintaining sanctions against the Iranian nation," the foreign ministry's spokesperson Nasser Kanaani said on 16 June. Kanaani advised the G7 "to learn from past experiences and distance itself from destructive past policies". His comments were in response to a joint statement from G7 leaders on 14 June warning Iran against advancing its nuclear enrichment programme. The leaders said they would be ready to enforce new measures if Tehran were to transfer ballistic missiles to Russia. The G7's reference to Iran comes on the heels of a new resolution passed by the board of governors of the UN's nuclear watchdog the IAEA . The resolution calls on Iran to step up co-operation and reverse its decision to restrict the agency access to nuclear facilities by de-designating inspectors. Kanaani said "any attempt to link the war in Ukraine to the bilateral co-operation between Iran and Russia is an act with only biased political goals", adding that some countries are "resorting to false claims to continue sanctions" against Iran. Tehran will continue its "constructive interaction and technical co-operation" with the IAEA, Kanaani said. But the agency's resolution is "politically biased", he said. The IAEA's new resolution and the reference to Iran in the G7 statement could be the start of a more concerted effort to raise pressure on Tehran over its nuclear programme. "What is happening right now is the process of accumulation of resolutions, so that when the day comes and the IAEA makes a referral to the UN Security Council, there will be enough resolutions to make a case for action at the security council level," a diplomatic source told Argus . Iran is enriching uranium to as high as 60pc purity. Near 90pc is considered to be weapons grade, according to the IAEA. By Bachar Halabi Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

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