Pemex receives bids for two refinery upgrade projects

Petroleos Mexicanos has received bids from private companies to revamp its Salamanca and Tula refineries.The revamps are part of Pemex's broader plans to reconfigure its refineries to process more heavy Maya crude and to produce more diesel and high-octane gasoline. Work on each refinery is expected to take 2 years.Earlier this year, Pemex voided the original bidding round for the two upgrade projects, citing a lack of competitive offers (OGJ, Mar. 15, 1999, Newsletter). It then cited a need for more time to allow a larger group of companies to participate in the bidding. Pemex reopened the bidding in late May (OGJ, June 7, 1999, p. 27).The companies bidding for the work on the Salama...

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