Pemex Output May Reach 3 Million Barrels in 2015-2017
By Carlos Manuel Rodriguez -
2011-04-29T22:08:27Z
Petroleos Mexicanos, the state-run oil company, may see production rise to 3 million barrels a day in the period from 2015 to 2017, Juan Jose Suarez Coppel, chief executive officer said today.
Pemex, as the company is known, will cut losses in its refinery business by about 8 billion pesos this year, Suarez Coppel said at an event in Mexico City.
Pemex pumped 2.58 million barrels of oil a day during the first 24 days of the month, according to preliminary output figures published on the company’s website April 25.
To contact the reporter on this story: Carlos Manuel Rodriguez in Mexico City at carlosmr@bloomberg.net
To contact the editor responsible for this story: Jonathan Roeder at jroeder@bloomberg.net
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