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Guillermo Bilbao, director of PA Consulting in Mexico, is quoted in an article in El Financiero. The article discusses the potential partnerships for transport and storage facilities in the oil and gas sector.
Pemex is required by law to open its transport and storage installations, a process underway, for which Guillermo Bilbao has identified three opportunities where the company will need a partner as soon as possible.
The first is the Burgos area, where, despite the fact that it is up to five times more expensive to transport gas by pipes than using a pipeline, Pemex continues to do so.
A second opportunity are the storage and distribution terminals in the south of the country, which in recent months have suffered shortages because of issues outside Pemex that are related with the magisterial conflict in the area.
Commenting on this point, Guillermo states: “In the South zone there are facilities that have a more than fulfilled amortization and renewing them is something that would be very interesting economically.”
Finally, the Dos Bocas terminal, where much of the product extracted by the private companies’ winners of the previous rounds will arrive, is perhaps the greatest investment opportunity because of its size and because of what will be required in terms of exports and imports.