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Article: Air Products and Mexican Partner Grupo Infra Sign 10-Year Nitrogen Supply Agreement With Pemex for Enhanced Oil Recovery in Mexico.
- Article from:
- PR Newswire
- Article date:
- January 17, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LEHIGH VALLEY, Pa., Jan. 17 /PRNewswire-FirstCall/ -- Air Products announced today that a new joint venture company, Tecnologia en Nitrogeno, S. de R.L. de C.V., formed with its Grupo Infra partner, signed a 10-year contract with Pemex Exploracion y Produccion (PEP) for the supply of 90 MMSCFD (3,200 T/D) of nitrogen for injection into PEP's Jujo-Tecominoacan oil fields near Villahermosa, Tabasco, Mexico. The supplied nitrogen will be used for enhanced oil and natural gas recovery. The joint venture company executing the agreement for nitrogen supply will use project financing for this effort.
Air Products has been supplying nitrogen to the oil and gas ...