US clears Deer Park refinery purchase: Update

  • Date: 23-Dec-2021
  • Source: Argus Media
  • Sector:Oil & Gas
  • Country:Gulf
  • Who else needs to know?

US clears Deer Park refinery purchase: Update

Adds union confirmation

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 and union sources 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.