Infraestructura Energética Nova, SAB de CV (IEnova) has formally inaugurated its terminal for the receipt, storage and delivery of refined products in the New Port of Veracruz, Mexico.

The project, which has the capacity to store more than 2 million bbl of gasoline, diesel and jet fuel, “will help to ensure national energy security and provide reliable, safe and efficient access to fuels in the Gulf-Centre region,” said IEnova.

The construction of the project began in November 2018, and on December 7, 2020 it received its first ship from Valero Mexico.

Its development required an investment of over 6,000 million pesos and will create 5,500 direct and indirect jobs. Its operation will boost local and regional economy, “which will generate a positive impact on the entire value chain of the energy sector in the region,” IEnova said.

The inauguration was attended by secretary of energy, Rocío Nahle, the governor of Veracruz, Cuitláhuac García Jiménez, as well as various federal and local officials and legislators.

“With this infrastructure, we reaffirm our long-term commitment to the sustainable development of Mexico, generating jobs, economic growth and implementing socio-environmental programmes that promote the conservation of natural resources and the development of the communities where we operate,” said Tania Ortiz Mena, CEO of IEnova.

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24th February 2021