Director General of PEMEX, Jesus Reyes Heroles said that the final decision on the location of the new refinery was based on new criteria of profitability, such as:

— Type of technology project

— Configuration of plant

— Size of the new refinery

— Distance to sources of oil and consumer areas

— Availability of raw material

— Quality of crude available

— Operational efficiency with which it plans to operate the infrastructure

— Geographic analysis, environmental and social field

— Existing infrastructure (roads, pipelines, refining)

— Utilization of existing wastewater

— Cost of the land, among others

While the reconfiguration of Salamanca, with use of waste, will require an investment of three thousand to $76 million to be completed in 2014.

Estimates indicated that the project would generate 448,300 jobs, including direct and indirect during the construction phase, and one thousand to 400 thousand on an ongoing basis, and that his execution will satisfy environmental regulations and applicable safety and minimize environmental risks from its construction to its operation.

The new refinery would produce about 142 thousand barrels per day (mbd) of gasoline, diesel and 82 mbd to 12 mbd turbosina. All products are distillates of ultra low sulfur. It is anticipated that the proposed scheme does not produce fuel oil and asphalt

He noted that the final decision took into account the views of all stakeholders, as well as the feasibility studies presented at public meetings by the governors of the states of Campeche, Hidalgo, Michoacan, Tamaulipas, Guanajuato, Oaxaca, Puebla, Tabasco, Tlaxcala and Veracruz, which was a valuable information tool.

Considered that the final location of the project is without doubt the best decision for the country’s viability and profitability.

He explained that the option that gives the best financial results for the new refining capacity in the Tula and Salamanca reconfiguration would become a reality-if-the conclusion of the first donation of land required PEMEX during the 100 calendar days from tomorrow.

While concrete offers of donations of land, PEMEX will continue to work without interruption to develop conceptual engineering for both projects.