Reported about 7 hours ago
Mexico's ambitious $20 billion Dos Bocas refinery, aimed at achieving energy independence, remains unfinished five years after its announcement, with costs ballooning and operational challenges mounting. As U.S. President Trump threatens 25% tariffs on Mexican oil imports, the urgency to complete the refinery grows. The project is plagued by design flaws, technical issues, and integration problems, leading analysts to doubt its ability to achieve full production capacity. Meanwhile, Mexico continues to grapple with heavy reliance on fuel imports, illustrating the complexities of its energy strategy.
Source: YAHOO