Mexico
News

Invex gains permit for US$800mn Tuxpan-Tula pipeline

Bnamericas Published: Friday, September 07, 2018

Mexico's energy regulator CRE has issued a permit for Mexican construction company Invex Infraestructura to develop and operate a 16.1bn-peso (US$832mn) fuel pipeline with an operating capacity of 120,000b/d of gasoline, diesel and jet fuel.

The pipeline is permitted to lead from the port of Tuxpan, Veracruz to the Pemex refinery in Tula, Hidalgo and is expected to take approximately 40 months to build. The Invex duct is the first privately held fuel duct to be given the go-ahead by the CRE, according to the energy ministry, although another five projects are currently in the permitting process.

The pipeline is being built to bring imported fuel from Tuxpan to the distribution network centered on the Tula refinery in Mexico's central region, which also includes Mexico City.

Invex Infraestructura also has been issued two permits for the storage of fuel, granted in September 2017 and May 2018 for 1.4Mb of storage in Tuxpan and 720,000b in Tula.

In June 2018, Mexico's central region (comprising Mexico City and the states of Mexico, Puebla, Tlaxcala, Hidalgo and Querétaro) had a shortfall of 190,600b/d of gasoline, 67,000b/d of diesel and 19,900b/d of jet fuel, according to the energy ministry. The region accounts for 28% of Mexico's gasoline demand.

The pipeline permit comes as Mexico is suffering significant losses due to fuel theft from ducts around the country.

To continue reading, subscribe to BNamericas to get all the information in this article and access to related news items and reports.

Subscribe to BNamericas and gain access to thousands of project profiles, key contacts and news.

Other projects in: Oil & Gas (Mexico)

Get critical information about thousands of Oil & Gas projects in Latin America: what stages they're in, capex, related companies, contacts and more.

Other companies in: Oil & Gas (Mexico)

Get critical information about thousands of Oil & Gas companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: GPA Energy, S.A. de C.V.  (GPA Energy)
  • GPA Energy S.A. de C.V. (GPA Energy) is a Mexican hydrocarbons firm that provides exploration, construction, maintenance and drilling services in the Burgos basin in northeast M...
  • Company: Petróleos Mexicanos S.A. de C.V.  (Pemex)
  • Mexico's state oil company Petróleos Mexicanos S.A. (Pemex) is engaged in the exploration, production, transportation, refining, storage and sale of hydrocarbons and derivatives...
  • Company: Secretaría de Energía de México  (Sener)
  • Secretaría de Energía (Sener) is the Mexican ministry of energy which is responsible for conducting the national energy policies, so as to grant the safe supply of energy servic...