Pemex to start tender for ethanol supplies soon - report
Jul 20, 2011 - Mexico's state oil monopoly Petroleos Mexicanos (Pemex) will launch a new tender for ethanol supplies from local firms in the next weeks, local daily El Financiero reported today.
The supplies awarded by Pemex in its first ethanol tender in 2010 have failed, the daily said. Reportedly, the winners did not have the necessary ethanol production capacity and would have to resort to ethanol imports.
Pemex needs over 700 million litres (184.9 million gallons) of ethanol a year to mix it with petrol (gasoline) for the cities of Guadalajara, Mexico and Monterrey. However, the company will start buying small ethanol volumes due to the insufficient production capacity in Mexico, deputy energy minister Sergio Alcocer told the daily. The volumes will be gradually increased.
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