rss icon Subscribe
desktop mobile

IEnova to Build Liquid Fuels Project in Sinaloa, Mexico

Photo:  Sempra Energy

Shailaja A. Lakshmi

Sempra Energy announced that its Mexican subsidiary, Infraestructura Energética Nova (IEnova), has been awarded a 20-year contract by the Topolobampo Port Administration in Mexico to build and operate a receipt, storage and send-out liquid fuels marine terminal in the state of Sinaloa.

With a projected investment of approximately $150 million, the first phase of the new liquid fuels terminal will have a storage capacity of 1 million barrels of fuel, including gasoline and diesel. Operations are expected to commence in the fourth quarter of 2020.
"The Topolobampo project will facilitate access to additional international fuel supplies and help meet growing demand in Mexico," said Joseph A. Householder, president and chief operating officer of Sempra Energy. "IEnova's success in developing new energy infrastructure is contributing to Mexico's economic growth, creating jobs and diversifying energy supply while benefitting millions of Mexican energy consumers."
IEnova will be responsible for the development of the liquid fuels terminal project, including financing, obtaining customer contracts and permits, engineering, procurement and construction, as well as maintenance and operations.
IEnova has achieved significant commercial progress with potential customers and intends to contract for 100 percent of the terminal's capacity. Future phases of the liquid fuels terminal could include additional fuel storage capacity and storage of petrochemicals.
IEnova develops, builds and operates energy infrastructure in Mexico. With more than 900 employees and approximately $7.6 billion dollars invested, its footprint in Mexico includes several lines of business across the energy infrastructure value chain that is open to private investment in the country.
Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 2017 revenues of more than $11 billion. Sempra Energy is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide.

Jul 9, 2018

 

Contracts

Wärtsilä Inks 10-year Maintenance Deal with Virgin Voyages

File photo - From left to right: Tom McAlpin, Virgin CEO and President; Sir Richard Branson, Founder Virgin; and Stuart Hawkins, Virgin SVP Marine and Technical at the rollout of the new name and logo for Virgin Voyages in 2017. (Photo: Wärtsilä)

Cruise line Virgin Voyages has assigned Wärtsilä the responsibility of the maintenance of its

Keppel Wins FPSO, FSRU Contracts

In Brazil, Keppel FELS Brasil Ltda (Keppel FELS Brasil) has been engaged by MODEC Offshore Production Systems (Singapore) Pte Ltd., part of the MODEC, Inc.

UAE's Adnoc Awards USD 1.6bln Contract to China’s CNPC

Image: ADNOC

The Abu Dhabi National Oil Company (ADNOC) has awarded contracts worth AED 5.88bn (US $1.

Finance

Teekay Offshore Taps Steinsland as CFO

Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P., announced today that Jan Rune Steinsland has been appointed the new Chief Financial Officer (CFO) of

Repercussions of EU-Japan Pact for Hamburg Port

Graph: HHM Marktforschung

The European Union (EU) has signed its largest-ever free trade agreement. This aims to boost the

Iceland’s Samherji Buys Stake in Eimskip

Photo: Eimskip

Icelandic fisheries company Samherji though Samherji Holding has acquired a substantial share in

Maritime Apps