The Mexican subsidiary of Sempra Energy has announced plans to develop, build and operate a receipt, storage and send-out liquid fuels marine terminal at the La Jovita Energy Hub in Ensenada, Mexico.
Infraestructura Energética Nova (IEnova) says its US$130 million Baja Refinados liquid fuels terminal will have an initial storage capacity of one million barrels of gasoline and diesel that will increase the fuel supply capacity and reliability in Baja California.
IEnova will be responsible for the development of the liquid fuels terminal project, including obtaining permits, engineering, procurement, construction and financing, as well as maintenance and operations.
The marine terminal is expected to begin operations in the second half of 2020.
IEnova has signed a long-term contract with Chevron Combustibles de México for 50 per cent of the facility’s storage and send-out capacity to supply Chevron service stations and other commercial and industrial consumers in Baja California.
Chevron will have the option to acquire 20 per cent equity ownership of the facility once commercial operations begin.