Oil & Gas Deal-Doing in Mexico | Page 7

MIDSTREAM AND DOWNSTREAM

• As of November 2018 , Mexico had a pipeline infrastructure of 9,933 mi . On that month , the government reported 1,790 mi under construction . In comparison , Texas reported in 2018 a pipeline system of 106,484 mi for natural gas distribution and an overall of 228,478 mi regulated intrastate .
• Mexico has six current refineries in poor condition .
• Bidding procedure for construction of new Dos Bocas refinery commenced on 18 March 2019 . Estimated COD in 3 years
• International players ( e . g . BP , Total , Repsol , ExxonMobil , Glencore and Marathon Petroleum ) import refined products and gasoline into Mexico
• Several new storage terminals in Mexican ports under construction ; but more logistics capacity is needed
• Possible new LNG import terminals
• More FPSOs in the mid term
• Trafigura – State marketer under a 3-year contract ; other traders already active in the market
7