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Valero and Grupo México to build hydrocarbon storage terminal

Valero Marketing and Supply and Grupo México will build a new hydrocarbon storage terminal in Aguascalientes, said the governor of the state of Aguascalientes, Martín Orozco Sandoval.

The investment of the project is 20 million dollars and its capacity reaches 140,000 barrels of gasoline and diesel.

The supply terminal will allow the supply of hydrocarbons to Valero and Grupo México and third parties in a remnant form.

Valero

Orozco indicated that the plant will be located in the municipality of San Francisco de los Romo and that it will generate 450 jobs in the construction phase.

Grupo México and Valero México reported that the terminal will be built in two stages through joint venture contracts; In its first stage, the project contemplates transfer operations, while in the second, a storage capacity of approximately 140,000 barrels will be added.

The National Hydrocarbons Commission (CNH) is responsible for regulating, supervising and evaluating all hydrocarbon exploration and production activities in the country for private oil and gas companies, as well as for Pemex.

In turn, the Energy Regulatory Commission (CRE) is in charge of granting permits for the import, commercialization, transportation and storage of crude oil, gasoline, diesel, lubricants and new gasoline stations.

ASEA approves environmental and land use permits before exploration, drilling and extraction activities can begin, including the construction of new gas stations and natural gas infrastructure.

Finally, the Ministry of Energy is responsible for processing social impact assessments, which are mandatory for most of the main upstream, midstream and downstream activities, including the construction and operation of pipelines, storage facilities and refineries, as well as the retail and distribution.

 

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