MEXICO CITY—State-owned oil company Petróleos Mexicanos, or Pemex, is seeing the benefits of refinery upgrades through a notable increase in gasoline production and a drop in imports that had shot up in recent years to around half of the nation’s consumption.
Pemex said in a release Wednesday that gasoline output at its six refineries grew 5% last year from 2012 to 437,000 barrels a day on average.
The increased production,…
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