Sunday, December 30, 2007

Joint venture to supply nitrogen to Mexico

Air Products said a joint venture company with its Grupo Infra partner would supply 90 MMscfd of nitrogen to Petroleos Mexicanos Exploracion y Produccion (PEP).

Nitrogen from the gas turbine and steam-driven facility is supplied for injection and enhanced oil and gas recovery from PEP's Jujo-Tecominoacan oil fields near Villahermosa in Tabasco, Mexico. The nitrogen plant project, announced in 2006, began its supply of nitrogen during November as scheduled. In 2006, state-owned Petroleos Mexicanos said it planned to invest 13 billion pesos during 2007-21 in Jujo-Tecominoacan oil field, its second-largest hydrocarbon reservoir in southern Mexico. The investment is to include completing 11 development wells and repairing 34 wells as well as the construction of 6 km of oil-gas pipelines, 25 km of oil pipelines, and 15 km of gas pipelines.
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