Bloomberg Businessweek

AMLO’s Plan for Energy

The new president wants to wean Mexico off gasoline imports within six years
The site of the Dos Bocas refinery complex

In the tropical heat of southeastern Mexico, bulldozers prep a construction site for a massive crude refinery on the outskirts of Paraiso, an impoverished oil town that’s never lived up to its name. The 160 billion peso ($8.2 billion) Dos Bocas project is central to President Andrés Manuel López Obrador’s goal of setting Mexico on a course to energy independence. “In three years we will be producing the gasoline that we consume in the country,” López Obrador, known as AMLO, told reporters during a Dec. 9 visit

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