The Energy Regulatory Commission (Comisión Regulatoria de Energía: CRE) approved the open season for the storage terminal that the Hidrocarburos del Sureste company has in Progreso, Yucatán.
By unanimous vote, the seven commissioners took over the process, through which the company, part of the Lodemo Group, will open capacity for interested companies.
This terminal has a total design capacity of 460,000 barrels and consists of five tanks.
It also features product reception via tanker, as well as auto-tank delivery, according to a resolution of the Commission.
The CRE granted the storage permit to Hidrocarburos del Sureste in June of this year and later it delivered the procedure for the open season process.
“This procedure should make the total capacity of the system available to third parties,” explained CRE in RES / 1450/2018.
The project, with an investment of 766 million pesos (approx. 41 million USD), is the largest storage terminal in the area of influence and eventually will increase its operating capacity by 135%, according to the CRE.
TYT Newsroom with information from zocalo.com.mx