Pemex Oil Resumes Crude Shipments

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An oil production and storage vessel, operated by Mexican state oil firm, Pemex in the Gulf of Mexico, has resumed crude shipments.

This is after a tanker collision halted exports earlier this month, according to a person with knowledge of the matter and data from Refinitiv Eikon.

The FPSO facility (floating production, storage and offloading), which has the capacity to store up to 2.2 million barrels of crude, halted loading of vessels for exports after making “contact” with the Olympic Future tanker on July 1.

The collision was due to bad weather conditions, according to Pemex, formally known as Petroleos Mexicanos, in a statement hours after the event.

A source familiar with the unit’s operation told Reuters on Friday that repairs had been made, allowing exports to resume, but did not specify the date that happened.

According to Refinitiv Eikon vessel tracking data, the most recent tanker to load crude oil from El Señor del Mar was the Trysil Spirit, which set sail from Mexican waters bound for the United States on July 13.

Pemex said it did not have information to confirm whether the FSPO had resumed activities.

The company currently produces an average of 1.6 million barrels per day of crude oil, of which it exports around one million barrels per day. (Reuters)


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