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New Mexican refinery 'is doomed'

Tuesday, April 16, 2019

A Mexican think tank has declared that Pemex’s newest refinery is doomed, in a grim analysis released this month.

The Mexican Institute for Competitiveness released a damning financial analysis of the Dos Bocas refinery, currently being developed in Tabasco by state-owned oil company Pemex, which gave the project a mere 2 percent chance of success, Oil Price reports.