US clears Deer Park refinery purchase: Mexico
US clears Deer Park refinery purchase: Mexico
Mexico City, 22 December (Argus) — The US government has authorized the purchase of the 340,000 b/d Deer Park refinery in Houston, Texas, Mexico's government, said today.
In his daily press conference President Andres Manuel Lopez Obrador said the purchase of Shell's 50.005pc stake in the joint venture with state-owned Pemex gained US government authorization on 21 December.
But the final details of the deal and signing of the agreement are still expected to take place in the early days of January, as Shell announced previously, Pemex chief executive Octavio Romero said at the same event.
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