According to Bloomberg, Pemex is now looking at what to do with its midstream assets such as processing, storage, transportation and marketing, and one of its options could be selling them.
Governor of Chiapas Manuel Velasco, and President Enrique Peña Nieto, will inaugurate Pemex’s new Storage and Distribution Terminal (TAR) in Puerto Chiapas, after years of managing its relocation.
Mexico has major infrastructure problems. The country has created reforms to boost investment but the process has been too slow. One factor is the lack of clarity in regulation.
Pemex announced that it would lease part of its infrastructure to private companies starting next year. The NOC aims to take advantage of Energy Reform and facilitate the entry of new companies.
Mexico has a major problem in the infrastructure to transport big quantities of gas. The country has been developing projects to improve it. There is a great advance in the schedule.
The liberalization of gasoline price attracts large companies and investors, but it also shows some industry’s deficiencies. One of them is the lack of infrastructure.
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