The Olmeca refinery, also called Dos Bocas, was the centerpiece of Mexico’s previous administration, with Andres Manuel Lopez Obrador at the helm and plans for an even greater role for state-owned Pemex in Mexico’s energy system. Not only that, but Dos Bocas was going to be the largest refinery in Mexico, with a nameplate capacity of some 340,000 barrels daily. Dos Bocas, however, has been the biggest contributor to the overall increase in refining output as it finally ramps up closer to its maximum capacity. “Oil from Venezuela can’t fill the gaps as quickly as Trump would hope.”Indeed, Mexico’s crude oil exports have been on the slide amid the refiner revival. So, Mexico is increasingly domestic oil processing and curbing crude oil exports and fuel imports.