Mexico's Pemex proposes oil swap for US light crude, condensates
Oil refinery in Mexico
Mexico City - SPA
Mexican state oil giant Pemex said on Thursday it has proposed an oil swap with the United States under which it would import up to 100,000 barrels a day of light crude and condensates to mix with its own heavier crude at its domestic refineries, Reuters reported.
Under the proposal, Mexico would give the United States heavier Mexican crude to be processed at refineries in the U.S.
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