Bids to be in by September for US$8 billion regional refinery

Mexico's proposal for a US$8 billion refinery in Central America is going ahead and bids for the project are to be presented in September, Gerónimo Gutiérrez, Mexico's deputy foreign minister said.

Monday, June 30, 2008

The 360,000 barrels-per-day refinery was proposed as part of the Puebla-Panama Plan, which was relaunched at the weekend as the Meso-American Project.
"The tender process is ongoing," Gutiérrez said. "There have been five meetings with the companies that are interested and bids are to be presented in September."

More on this topic

Refinery for the Isthmus does not have support

September 2008

The possibility of Central America having a crude oil refinery has once again been suspended. Yesterday the tender for the construction of the installations was declared void.

Carlos Meany, minister of Energy and Mining, stated that there were not enough participants in the process and that there will have to be a new meeting of the technical committee of the Meso-American Energy Integration Program or the process will be terminated.

Regional leaders launch Meso-American Project for development

July 2008

The leaders of Mexico, Colombia and Central America concluded their two-day meeting in Mexico with the Declaration of Villahermosa that buried the Puebla-Panama Plan and replaced it with the Meso-American Project.

The new initiative, like its predecessor, aims to promote regional integration so as to create more prosperous societies with improved economic infrastructure.

Slimline Puebla-Panama Plan to shed 95 percent of its projects

June 2008

The Puebla-Panama Plan is to be stripped of 95 percent of its projects in order to make it viable, Mexican Foreign Secretary Patricia Espinosa said at a meeting in Medellín of the seven countries involved.

The plan was launched by Mexico in 2001 in an effort to promote prosperity in southern Mexico and Central America. But it had taken on more projects than it could handle, Espinosa said.

Colombian Agriculture Ministry to build a biodiesel plant in El Salvador

April 2008

With the goal of strengthening and promoting cooperation under the MesoAmerican Biofuel Project framework, which in turn is part of the Puebla to Panama Plan, Colombia's Agriculture and Rural Development Ministry last September signed a memorandum of understanding on technical cooperation in biofuels with El Salvador .

To carry out the project, the ministry delivered to the Colombian Corporation of Agricultural Research (Corpoica) two billion pesos to get the project started.

 close (x)

Receive more news about Business and Investment

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

New house for sale at Costa Rica beach in Punta Leona Resort

Live at the beach in the exclusive Punta Leona Resort, a dream with shaded white sand beach, pools, restaurants, wild life. New affordable, energy efficient home.
The house - possibly the only energy efficient green...

Stock Indexes

(May 25)
Dow Jones
S&P 500


(May 26)
Brent Crude Oil
Coffee "C"