BREAKING NEWS

Avant Energy will invest 200 million dollars to supply fuels

 Avant Energy announced today that it will invest 200 million dollars in a network of terminals to supply refined petroleum products from the Port of Altamira, Tamaulipas, to the Bajío region.

The network, known as the Altamira-Bajío Petroleum Supply (SUPERA), will initially have two terminals, one maritime and one terrestrial, that will be developed simultaneously and that will allow imports of fuels from the United States.

Avant Energy is a Mexican company focused on the development, construction and operation of energy infrastructure for the oil, natural gas, refined products and electric power sectors.

In this development Avant Energy has two strategic partners, the American logistics group Savage Companies (Savage) who will operate the terminals; and the rail operator Kansas City Southern de México (KCSM).
The maritime terminal will be located in the port of Altamira, Tamaulipas. It will have the capacity to unload PANAMAX-sized vessels and a storage capacity of 1.2 million barrels of refined products, for which it has the permission of the Energy Regulatory Commission (CRE).

Avant Energy has the rights to develop port infrastructure through a strategic agreement with Puertos Integrales del Sureste, a DPH Group company. The terminal will have access to the Bajío region through the railway network of KCSM.

The first ground terminal of SUPERA will be installed in Querétaro. It will receive unit trains through the same KCSM network and will have a storage capacity of 450,000 barrels.

The construction of both terminals will begin during the third quarter of 2018 and will begin commercial operation before the end of 2019.
"We are proud to present this infrastructure network that will have logistical superiority to connect the high growth region of Bajío with the refined products market of the Gulf Coast of the United States, which is the most competitive market in the world," said Luis Farías, General Director of Avant Energy.

"The energy reform has allowed new players such as Avant Energy to participate in the open market, which will generate greater efficiency in the supply chain and, ultimately, will benefit the final consumer," he added.
"This network will open the door to a more efficient supply and transport of petroleum from US refiners to the Central-North region of Mexico, where it is necessary," added Kirk Aubry, President and CEO of Savage.

"We are pleased to partner with Avant Energy and Kansas City Southern of Mexico in this important project to help ensure a safe, reliable and affordable service for our customers," he said.

President and CEO of Kansas City Southern, Patrick J. Ottensmeyer, said, "We are committed to supporting this important project that is aligned with our strategy to increase the volume, speed and value of the products we move."

About Avant Energy
Avant Energy is a company focused on the development, construction and operation of energy infrastructure for Mexico in the subsectors of petroleum, natural gas, refined products and electricity; In addition, it participates in the recently liberalized product markets.

Avant is backed by capital funds from international and Mexican institutional investors, managed by subsidiaries of Riverstone Holdings LLC, a private equity fund focused on the energy sector, including the Riverstone CKD (RIVERCK15, registered and listed on the Mexican Stock Exchange). Values). 

About Savage
Founded in 1946, Savage is a reliable partner to transport and manage energy safely and creating value for its customers. Savage specializes in rail, truck and maritime transport, logistics, material handling and other industrial and environmental services.

Among the industries served by Savage are oil refineries, power generation, railroads, food and agriculture, oil and gas, mining, chemicals and petrochemicals, ports and terminals, and construction. 

About Kansas City Southern
Kansas City Southern is a transportation holding company with two main subsidiaries: Kansas City Southern Railway Company, which is one of seven Class I railroads operating in the United States, and Kansas City Southern of Mexico, SA de CV, one of the two great regional railroads in Mexico.
KCS also owns 50 percent of the Panama Canal Railways Company, in Panama.

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