New Pemex Refinery
Facility Type: Refinery
Scope: New Construction
Owner: Petroleos Mexicanos (Pemex)
Location: Tula  Mexico
Region: North America
Modified:  June 02, 2010


Project description

Pemex plans to build a new refinery to help lower Mexico's dependence on gasoline imports. The country, a major oil producer, must import approximately 40% of its gasoline imports because it lacks sufficient domestic refining capacity. According to the Mexican government, it will be necessary to build a new refinery every three years in order to completely phase out fuel imports by 2021.

Pemex had initially planned to build a 300,000-b/d facility at a cost of approximately $6 billion. However, the national oil company as of Nov. 10, 2008, was considering doubling the size of the proposed refinery so that it could process 600,000 b/d.

The proposed refinery will be built in Tula in Mexico's Hidalgo state. It will process heavy crude oil and will be Mexico's first new refinery in three decades.In February 2010, Pemex announced that it had awarded a $345 million contract to Saipem for two gasoline-desulfurizing plants.

The new refinery is expected to begin operations in 2015.

Products:
gasoline
Construction type:
new construction
Post project capacity:
300,000 or 600,000 b/d
Project cost:
$12B
Project completion date:
2015
© Copyright 2013 DownstreamToday.com
DownstreamToday.com