TransCanada, Sierra Oil & Gas and Grupo TMM have unveiled plans to develop a new refined products storage and transportation infrastructure system in Central Mexico.
The $800M project will include the construction of a marine terminal near Tuxpan, Veracruz for offloading and distribution of refined products, a 265km refined products pipeline, and an inland storage and distribution hub.
With a draft of 42ft, the marine terminal will feature four docking positions. The terminal will be pipeline-connected to key distribution centres in the region and will offer racks for truck loading and barge access to service the demand of other ports in the Gulf Coast.
The pipeline, with an approximate daily capacity of 100,000 barrels of refined products, will run parallel to TransCanada's recently awarded Tuxpan-Tula natural gas pipeline project.
* Data provided by Timetric's Construction Intelligence Center.