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Mexico to Release Bidding Documents on New Refinery

Houston Chronicle, March 14, 2019

During his recent visit to Houston, Mexican Energy Minister Rocio Nahle discussed plans to release bidding documents for Mexico's first new refinery in decades. While speaking at CERAWeek by IHS Markit on Wednesday, Nahle spoke on Mexico's current dependence on foreign fuel, with their imported percentage of refined products, including gasoline and diesel, averaging around 80 percent. In addition to building the new refinery, which is projected to be the largest oil refinery in Mexico, the administration's goal is to increase production at six of Mexico's existing Pemex-owned refineries. 

Photo thumbnail: Susana Gonzalez / Bloomberg

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