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Pemex signs new project agreements for gas field and coking plant

Salina Cruz, Oaxaca — During the Dos Bocas inauguration on July1, Romero Oropeza signed letters of intent with New Fortress Energy to develop the Lakach field. He also signed a letter of intent with ICA Fluor for the coking plant in the Salina Cruz refinery.

Last week, Octavio Romero Oropeza, the director of Pemex, announced the two new projects. He says now, Petróleos Mexicanos (Pemex) is committed to the reactivation of the Lakach gas field and the construction of the coking plant in Salina Cruz, Oaxaca.

“After having made an investment of $1.4 billion dollars, this project was suspended for more than six years. It is with satisfaction we can announce today that we have agreed to resume this project with the North American company New Fortress Energy, in which $1.5 billion additional dollars will be invested,” Romero Oropeza said.

He said that the Lakach non-associated gas field is located off the coast of Veracruz, in deep waters, and has a reserve of 900 billion cubic feet of hydrocarbon. Its reactivation will be possible thanks to the collaboration of the states and government regulatory bodies, which will begin production in July of 2023.

The event also included the signing of a contract with ICA Fluor for the construction of the coking plant at the Salina Cruz refinery in Oaxaca, for an amount of $3 billion dollars.