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Sempra Energy's Mexican unit wins $155M liquid fuels project

Published 07/13/2017, 11:37 AM
© Reuters.  Sempra Energy's Mexican unit wins $155M liquid fuels project
SRE
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  • Sempra Energy (SRE +0.4%) says its IEnova Mexican subsidiary was awarded a 20-year contract by the Veracruz Port Administration to build and operate a receipt, storage and send-out liquid fuels marine terminal on the Mexican Gulf Coast.
  • SRE says the new terminal will have a capacity of 1.4M barrels of gasoline, diesel and jet fuel to supply the central region of Mexico.
  • SRE expects to spend $155M to develop the project, with operations anticipated to begin in H2 2018.
  • Now read: 3 Takeaways From 2017 CWC LNG Americas Summit


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