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    An increase of the volume of direct deliveries of Russian oil products to Mexico is possible in the future

    Direct Supplies of Russian Oil Products to Mexico May Increase

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    Russian Ambassador to Mexico Eduard Malayan stated that an increase in the volume of direct deliveries of Russian oil products to Mexico is possible in the future.

    MEXICO CITY, January 30 (Sputnik) An increase in the volume of direct deliveries of Russian oil products to Mexico is possible in the future, Russian Ambassador to Mexico Eduard Malayan told RIA Novosti Friday.

    "Large direct deliveries of Russian companies' oil products to Mexico have not been registered in the statistics so far. However, we do not rule out that such operations are possible. After all, the decision to purchase any product, including oil, is dictated by market profit," the envoy said.

    He stressed that Mexico is one of the largest consumers of petroleum products in the world, "due to the lack of its own refining capacity."

    The diplomat noted that part of Mexico's requirement is covered by imports from the United States, as well as by the purchases at the international stock exchanges, where oil products from different regions, including Russia, are represented.

    Mexico is currently the tenth-largest oil producer in the world, but most of the country's petroleum is imported. This is due to the fact that Mexico has no oil refining capacity of its own. As a result of the country's energy reform, which for the first time in 80 years allows the participation of private investors in the sector, Mexico expects to attract billions of dollars.

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