Pemex starts cryogenic plant construction - source

18 August 2009 20:15  [Source: ICIS news]

HOUSTON (ICIS news)--Mexico’s Pemex initiated this week the construction of a 200m cu ft/day cryogenic plant in the Poza Rica gas processing complex at a cost of $214m (€152m), a Pemex source said on Tuesday.

The project is intended to strengthen the process for propane, butane and natural gasoline recovery from associated natural gas derived from crude oil production.

It was not clear if any of these streams would become a feedstock for petrochemicals, but this was considered unlikely, the source said.

The Poza Rica complex is located in the state of Veracruz, near Tuxpan.  

Construction started on 17 August and is scheduled to last about two years, Pemex said.

Pemex estimated the plant would generate 1,300 jobs during its construction.

The contract was awarded to ICA Fluor Daniel and Linde Process Plants, Pemex said.

($1 = €0.71)

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