Pemex to proceed with Dos Bocas refinery project

Petroleos Mexicanos has decided it will build Mexico’s previously proposed 340,000-b/d refinery in the Port of Dos Bocas, Tabasco, on its own. The refinery, which comes as one of the main projects to help achieve Mexico’s energy independence and ensure national security, will cost about 160 billion pesos and will create 100,000 jobs, Pemex said.

Petroleos Mexicanos (Pemex) has decided it will build Mexico’s previously proposed 340,000-b/d refinery in the Port of Dos Bocas, Tabasco, on its own (OGJ Online, Dec. 13, 2018).

The refinery, which comes as one of the main projects to help achieve Mexico’s energy independence and ensure national security, will cost about 160 billion pesos and will create 100,000 jobs, Pemex said.

With a budget of 50 billion pesos allocated for this year, construction of the project will begin on June 2 and be completed in May 2022, the operator said.

The decision for Pemex to build the refinery follows the government’s rejection of outside bids during an official tender process, all of which came in above the country’s proposed project budget.

Mexican President Andres Manuel Lopez Obrador said Pemex, alongside the country’s Secretariat of Energy, will receive full support in execution of the project.

The United Nations also will actively participate in the project to ensure best practices of transparency and anticorruption are carried out during project execution, Pemex said.

Upon announcing the project in late 2018, the government said the Dos Bocas refinery would produce 170,000 b/d of gasoline and 120,000 b/d of ultralow-sulfur diesel.

Contact Robert Brelsford at rbrelsford@ogjonline.com.

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