Mexico's Pemex gives clean fuel contract to Fluor
MEXICO CITY |
MEXICO CITY Feb 25 (Reuters) - State oil monopoly Pemex [PEMX.UL] said on Thursday it awarded contracts valued at around $620 million to U.S. engineering company Fluor Corp (FLR.N) and Mexico's top builder ICA (ICA.MX) to construct clean gasoline units at two of its refineries.
Pemex said the two firms' joint bid beat companies including Italy's Saipem (SPMI.MI) to build equipment at Pemex's Salina Cruz and Minatitlan oil refineries to reduce the sulfur content of gasoline produced at those plants.
Mexican environmental regulations require Pemex, the monopoly supplier of oil products in Mexico, to reduce the amount of sulfur in motor fuels to cut pollution.
Pemex launched the tender last July and is carrying similar projects at other refineries across the country in separate concessions. (Reporting by Mexico City newsroom; Editing by Valerie Lee)
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