Mexico new oil refinery likely to far exceed budget

Mexico new oil refinery likely to far exceed budget
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15.05.2019

MOSCOW (MRC) -- The new refinery that Mexico's government has tasked state oil company Pemex to build will likely cost at least USD2 billion to USD4 billion more than the government estimates due to its "limited know-how," credit rating agency Moody's said.Last week, Mexican President Andres Manuel Lopez Obrador said the refinery, slated to be built at the Gulf coast port of Dos Bocas for

Full article at mrcplast.com

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