Pemex confirmed that it will receive an investment of 10.4 billion dollars (mdd) to increase its fuel storage capacity, in line with what was announced yesterday by President Claudia Sheinbaum.
The company stated that in the last six years it improved its gasoline storage capacity by 34%, increasing its autonomy by 4.3 days and increasing its storage capacity to 16 million 500 thousand barrels, thereby guaranteeing a supply of 17 days.
Regarding crude oil storage, Pemex has a capacity of 12 million barrels, an increase of 62%, since at the end of 2018 it had a storage capacity of 7 million barrels of crude oil.
In 2021, Pemex Logistics proposed to the Energy and Environment Security Agency (ASEA) the construction of two caverns for the storage of hydrocarbons in the Tuzandépetl Strategic Storage Center, located south of Veracruz, which went from having 12 cavities to 14, expanding its capacity considerably.
Read: Sheinbaum government announces investments of more than $20 billion in 2025
Pemex assured that since 2018 it has made progress in rehabilitating the storage tanks, which responds to the country’s energy security needs, as well as greater hydrocarbon production.
Thus, on October 14, the Quintana Roo Strategic Projects Agency (Ageproo) announced that the Pemex fuel storage tank installation project is under review.
Pemex reported that it has more than 80 land and sea terminals for the storage and dispatch of petroleum products throughout the national territory, which has strengthened the supply chain between the production centers, import points and the marketing channels of its products. thereby meeting the needs of its clients and the market to facilitate the daily activities of end consumers.
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