In the middle of the fuel price debate and questioning of Mexico’s heavy dependence on fuel imports, the government is considering the construction of a new refinery, either financed by private capital, or in partnership with Pemex.
Pemex announced it would be responsible in case fuel theft takes place in its transportation infrastructure. However, according to the CRE, if the NOC proves it did everything to prevent it from happening, companies would not be compensated.
One of Energy Reform goals was to attract investment to improve the sector’s infrastructure in Mexico. The Energy Regulatory Commission (CRE) announced that gas pipeline investments have advanced satisfactorily.
Pemex’s oil and gas processing in Tabasco are at risk of being suspended because of blockades started by workers two weeks ago.
Since the beginning of the year, Construcciones Tapia workers have allegedly carried out violent blockades at Pemex’s Cárdenas-Norte processing plant. The company that has been executing the NOC’s modernization contract since 2016.
As one of Round 2.1 winners, America’s Fieldwood Energy LLC signed a contract with the National Hydrocarbons Commission (CNH) to start a project in consortium with Petrobral S.A.P.I in the Southeast Basin, where the Ilchakil and Pokoch fields are located.
Preparations for the project that will begin next month are underway, and so far,MXN$107M have been invested in Isla del Carmen Port.
Pemex will implement transparency measures to reveal the names of those involved in the oil theft net.
A report in La Política Online said that during an event that took place in Hidalgo, Governor Omar Fayad Meneses told Pemex’s CEO, José Antonio González, that developing and implementing a security strategy to combat fuel theft – commonly known as “milking” – inside the NOC’s staff is an urgent matter.
Between 2009 and 2016, the NOC lost at least MXN$160B or 50mbbl on average per month in each of its pipelines, according to estimates by Dwight Dyer, independent consultant in the energy security sector.
Duringthe ‘Energy Mexico’ forum, Dyer said there are losses of 900mbbl per quarter in the NOC’s pipelines.