Mexico expects US$ 16 billion investment for fuel storage and transport
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The new storage terminals, polyducts, the investment to transport fuels by railroad and the new service stations, will receive investment valued at US$ 16 billion arriving in Mexico in upcoming years, revealed the Secretary of Energy, Pedro Joaquin Coldwell. The investment has started with the terminal of the Swiss firm Glencore at Dos Bocas, Tabasco. There are also plans for investment projects in Tuxpan, Veracruz, Altamira and Progreso Yucatan, Manzanillo, Colima, the metropolitan zone in Monterrey, and San Luis Potosi. Regarding the next open seasons, Coldwell recognized that there had been technical difficulties that have delayed the rounds, particularly the one in the North Eastern region, as it requires land pipeline and it is not a port, unlike the North East.