Earlier this year, Pemex announced investments in the Cangrejera and Morelos complex. However, the NOC still needs a partner to execute the modernization process of the Salamanca and Salina Cruz refineries.
Pemex is looking for a partner to invest in its ports and be ready for the new competition. The NOC has no budget for maintenance or investment, but it wants to take advantage of the Energy Reform to achieve this.
As a result of the permits granted by the Energy Regulatory Commission (CRE) during the last two years, for the first time, Pemex will receive imported diesel via rail.
Even though fuel theft is still one of Pemex’s biggest problems, Mexican authorities and Pemex’s personnel are acting to stop it. So far, Easter week operations were successful and led to the seizure of more than one thousand liters of illegal fuel.
According to a study by the Integral Port Administration (API), Altamira’sPort does not have the necessary electrical power capacity to take in companies that won Round 1.4 and Round 2 tenders.
Pemex will ask interested investors and operators to make formal offers in the next weeks.