Pemex’s Successful Petroleum Coke Auction

Instant Max AI Immediate Frontier

(PEMEX, 22.May.2015) – Petróleos Mexicanos carried out, for the third time, an online auction of partial lots of petroleum coke from the “Gral. Lázaro Cárdenas”, refinery located in Minatitlán, Veracruz.

Pemex Refining carried out the auction along with the support of Regional Market Makers de México, S. de R.L. de C.V. (Aklara).

A volume of 40 thousand tons was auctioned, which was divided into eight lots of five thousand tons each one, at a price of $46/ton. After the presentation of the bids, five lots were assigned to Cycna de Oriente, S.A. de C.V. and three to Cementos Apasco, S.A. de C.V.

The purpose of this auction is to maximize the economic value for Pemex through a modern mechanism, which’s favors transparency, the cornerstone for the transformation of our company. This auction model ensures the equitable participation of companies of any size.

***

Previous post Petrobras Signs $5 Bln Deal with CDB
Next post Colombia’s Ecopetrol Reinvents Itself

Leave a Reply

Your email address will not be published.