Monterra Energy has announced plans to build a new inland terminal in Mexico in addition to its Tuxpan terminal, which is currently being built.
Addressing delegates at the Argus Mexico Fuel Markets Summit, Monterra president Michael Williams says the new terminal will likely have under one million barrels of storage capacity and will have a throughput capacity of 50,000 b/d.
The new terminal will be located just outside Mexico City and will act as a 'sister' terminal to the 2.2-million-barrel terminal that is currently being built near to Tuxpan.
Argus Media reports that Monterra's Valle de Mexico terminal system will have blending capabilities and connect with existing rail and pipeline capacity.
The terminal will allow double tank trucks from Tuxpan, which are currently not allowed to enter most urban areas of Mexico City.
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