AI Summary

Mexico’s drive for fuel self‑sufficiency is hampered by Pemex’s inability to run its expanded refineries reliably. In Q2 2026 the refineries processed roughly 1 million barrels per day, about 58 % of their installed capacity, prompting a sharp rise in fuel imports. The shortfall occurs despite heavy investment aimed at cutting reliance on imported gasoline and diesel, and the strategy’s success depends on improving refinery utilization.

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