Pemex Diesel Fuel Update
There is some important new information to share regarding the availability of ULSD (Ultra Low Sulfur Diesel) in Mexico. Over the past month (February 2017) I kept pestering a half dozen public rel...
Forum Discussion
"While Mexican President Enrique Pena Nieto said the ambitious investment program came as a result of partnerships and alliances formed by Pemex with private and foreign investors following Mexico’s 2014 sweeping energy reform (OGJ Online, Aug. 21, 2014; Aug. 18, 2014), the status and scope of individual projects under the proposed downstream spending plan remain unclear following Pemex’s recent move to cut its 2016 budget by $5.5 billion (OGJ Online, Feb. 29, 2016)."
Contact Robert Brelsford at rbrelsford@ogjonline.com.
Last year there were articles about Pemex not paying contractors. They were owed about 7 billion dollars. The refining operations were losing 5 Billion a year. I tried to find out if any of the ULSD contracts had been put on hold. One would have to be an oil and gas insider to get to the truth. 3 of the 5 ULSD projects are still not complete. Tamaulapas is scheduled to open 1stQ 2018, Minatitlan March 2019 and Salamanca end of 2018. I don't know about the other projects.
Moisheh
Contact Robert Brelsford at rbrelsford@ogjonline.com.
Last year there were articles about Pemex not paying contractors. They were owed about 7 billion dollars. The refining operations were losing 5 Billion a year. I tried to find out if any of the ULSD contracts had been put on hold. One would have to be an oil and gas insider to get to the truth. 3 of the 5 ULSD projects are still not complete. Tamaulapas is scheduled to open 1stQ 2018, Minatitlan March 2019 and Salamanca end of 2018. I don't know about the other projects.
Moisheh
