Mexico hands refinery contract to Pemex

Mexico hands refinery contract to Pemex

Project & Infrastructure Finance Economy & Policy Energy Gas Politics Mexico US Europe Argentina Australia

The Mexican government has discarded bids from international construction companies and put the state-owned oil company Pemex and the energy ministry Sener in charge of building the Dos Bocas refinery in the state of Tabasco. "The bidding was abandoned because, essentially, they were asking for a lot," President Andrés Manuel López Obrador said at his regular morning press conference on Thursday. "They went over $8bn and the time of construction. We are not going to do any project that we canno

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