Marathon reserves capacity in IEnova terminal
Mexico Marathon will use the terminal to import refined products from the USA and distribute them throughout Mexico’s western coast. Through a deal made in September, Chevron has reserved the other 50% of the terminal’s 1-million-barrel storage capacity.
IEnova was awarded a 20-year build-own-operate contract for the USD 150-million terminal in July, and expects to bring the facility on line by Q4 2020.
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