Sempra Energy plans to develop, build and operate a liquid fuels marine terminal at the La Jobita Energy Hub in Ensenada, Mexico
The Baja Refinados terminal will be a receipt, storage and send-out facility operated by Infraestructura Energética Nova, a subsidiary of Sempra.
It will have an initial storage capacity of one million barrels of petrol and diesel that will increase the fuel supply capacity and reliability in Baja California. It will cost around $130 million and operations are expected to start in the second half of 2020.
IEnova also announced it has signed a long-term contact with Chevron Combustibles de Mexico for 50% of the facility's storage and send-out capacity to supply Chevron service stations and other commercial and industrial consumers in the region.
Chevron will have the option to acquire 20% equity ownership of the facility after commercial operations begin.
IEnova will be responsible for the development of the liquid fuels terminal project, including obtaining permits, engineering, procurement, construction and financing, as well as maintenance and operations.
Fujairah's newest storage terminalShifting LNG market dynamics The rise of the fake terminal Storage for a flourishing trading market Storage hubs: navigating unprecedented changes Middle East storage operators buck oil price trend Ensuring India's energy security Deploying automation logic to fuel management systems The future is smart Innovative techniques for tank storage inspection