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Pemex to invest $2.6 billion at Tula refinery to cut dependence of imported fuels

Pemex is to invest $2.64 Bn to complete a coking plant at its Tula refinery, expected to be completed by 2023, in a bid to reduce country’s dependence on imported fuels.

The plant will process 140kbd (7Mnta) of fuel oil to generate 42kbd (2.1Mnta) of gasoline; 78kbd (3.9Mnta) of diesel and 20kbd (1Mnta) of fuel oil.