Mexico has fuel for 3 days

The fuel supply has been affected because, besides fuel theft, the former administration generated low stocks and a production level that barely covers 2.5 liters of every 10 liters purchased.

Information from the Under-secretariat of Hydrocarbons reveals that there are areas in the country where the fuel stock would only last a day, such as Mexico's center , which includes Mexico City, Tlaxcala, Hidalgo, Puebla, Morelos, Mexico, and Querétaro .

This means that if fuel isn't transported by pipeline , tanker truck , or ship for a day, there would be a shortage in this area of the country.

These states purchase between 223,000 and 243,000 barrels per day.

On Tuesday, gas stations in Constituyentes avenue were closed and the only gas station operating in Mexico City's airport was only selling Premium fuel.

The total storage capacity for this area is 1.8 days, which is also alarming.

The southern area, Campeche, Yucatán, and Quintana Roo , has storage capacity for 1.9 days.

Countrywide,

Mexico

has a fuel stock for 3.1 days and an inventory in storage terminals for 2.4 days.

The problem is intensified because Pemex reporting a fuel production of 203,000 barrels per day, which only represents 25.5% of the demand, which is calculated to be of 792,000 barrels per day.

In an operational report, Pemex states that its six refineries were working at 30% of their capacity but a few months later, the refineries in Minatitlán and Madero no longer operate.

Fuel importation

is keeping the industry afloat. The November report establishes that the volume of foreign fuel purchases amounts to an average of 18,845,000 barrels.

17,730,000 barrels,

94.12% of the total, are purchased by Pemex from the U.S., The Netherlands, France, Spain, Korea, and China.

During that same month, private importers brought 1,108,000 barrels from the U.S. and France.

Is it the right strategy against fuel theft?

gm