Project

CONSTRUCTION, EQUIPMENT AND OPERATION OF A HYDROCARBONS STORAGE TERMINAL AND DEVELOPMENT OF PIPELINES IN THE STATE OF VERACRUZ.

Sector: Hydrocarbons

This project is no longer updated

Last Revision

May 04, 2020
 
Short Name of the Project:
0811 Hydrocarbon Storage Terminal in the Port of Coatzacoalcos
Type of Investment:
Archived Project
Subsector:
Midstream
Asset (s):
 Storage Terminal 68,843.89 m2 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

1,800,000,000

Estimated Investment USD:

90,000,000

Exchange rate (USD/MXN) used by the Ministry of Finance for the economic plan 2020: $ 20
Contract Scope:
  Construction,  Equipment,  Operation
DISPLAY ALL

DESCRIPTION
The project consists of:
- The use a total area of 68,843.89 m2, consisting of two areas, one of 61,625 m2 and the other of 7,218.89 m2, located in the central zone of the port of Coatzacoalcos, Veracruz, for the construction, equipment and operation of a specialized facility for the handling and storage of hydrocarbons, crude oil derived products, petrochemicals and other technically viable fluids, as well as the development of pipelines to the port docks.
- The provision of port services such as loading, unloading, stacking, storage, stowage and haulage within the terminal for the transfer of goods or merchandise.

LEGAL AND FINANCIAL STRUCTURE
Type of Project
  Public / Private
Type of Contract
  Partial Assignment of Rights
Term
20 years
Selection Process
International Open Tender
Financing Sources
Private
100 %
MXN
1,800,000,000
USD
105,263,157
Payment Source
Project revenues / Rate
The assignee will receive a fee for the port services provided within the terminal.

STATUS
Stage
  Execution
RELEVANT DATES
Request for proposals/Announcement April 12, 2018
Proposals Reception September 20, 2018
Ruling December 14, 2018
Contract Signing May 03, 2019
Execution/Construction Starting Date December 01, 2019
Operation Starting Date June 30, 2021
Term of the Contract May 02, 2039
Contractor
High Level Energy  
Major Contractor’s Shareholders
High Level Energy

GEOLOCATION
State(s)
Veracruz   

SPONSOR
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Entity
Secretaría de Infraestructura, Comunicaciones y Transportes
Department
Coordinación General de Puertos y Marina Mercante
Administración Portuaria Integral de Coatzacoalcos
Contact
L.C. Adrián Lara Márquez
E-mail
alara@apicoatza.com
WebsiteInstitutional Arrangement

ADDITIONAL INFORMATION
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Source
Diario Oficial de la Federación
Description
A Constitutional Government of the United Mexican States Body, which has the function of publishing in the national territory: laws, regulations, agreements, circulars, orders and other acts issued by the powers of the Federation.
Tender
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Source
Secretaría de Energía
Description
Federal Government entity responsible for controlling, managing and regulating Mexico’s energy resources, and establishing the national energy policy.
General information
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Source
Administration of the National Port System
Description
Commercial company that through a concession uses and exploits the goods and the provision of the services of a port.
API Coatzacoalcos

MULTIMEDIA

REMARKS
The project will not be included in the published projects as is no longer an investment opportunity. All inclusions, changes and/or cancellations of projects in Mexico Projects Hub are executed by Banobras exclusively according to official information and/or instructions delivered by the sponsor entities.

The transferee will pay to the Port Authority of Coatzacoalcos a fee which will be formed of:

i) An initial fee.
ii) A fixed fee for each square meter of the assigned area.
iii) A fee for each linear meter that is used for the installation of the pipelines from the facilities to the pubic docks.
iv) A variable fee for each ton of hydrocarbons, crude oil derived products and petrochemicals to be handled in the terminal.

The contract of partial assignment of rights may be extended for up to 6 years.
0810 Terminal de Almacenamiento de Hidrocarburos en el Puerto de Topolobamp... 0800 Tren Cancún-Tulum

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