Mexico's state-run oil company Pemex will increase crude exports to Japan in the coming months after selling several spot cargoes to customers including Cosmo Oil, JX Holdings and TonenGeneral, according to a company source and Thomson Reuters trade flows data.
Pemex typically sends around 1 million barrels per month of Maya crude to Cosmo Oil under a supply agreement, but the company recently negotiated additional deliveries, the source said.
The cargoes of Maya and Isthmus crudes will arrive in Japan from May through June after loading at Mexico's Dos Bocas and Salina Cruz terminals, according to Thomson . . .
Not ready to subscribe? Join the free Vallarta Daily Brief for local headlines, practical updates, and occasional free guides. Join Newsletter
