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Mexiship Ocean to develop energy park complex and logistics center in Maverick Co.

March 30, 2018

 

EAGLE PASS - Mexiship Ocean has announced development of an energy park complex and logistics center in Maverick County. Long-term build out plans will have facilities in Maverick County and Piedras Negras, Coahuila. Mexiship representatives met with State Representative Poncho Nevarez's office last week in Austin, TX. to discuss the project. Critical to the success of this endeavor is that state, county, and local officials support of the project to help drive future economic growth and more importantly jobs in both Maverick County and Piedras Negras.

Rolando Ramon, Managing Partner of Mexiship Ocean, stated the energy reform in Mexico has created new opportunities for international sister cities along the border, like Eagle Pass and Piedras Negras. Our goal is to utilize private investment that helps cultivate productive partnerships for cross border opportunities. Phase 1 of the project will focus on regulatory permits and approvals from local and federal government including a Presidential Permit to export natural gas, refined products, and installation of a dark fiber trunk.

Site selection discussions have begun and the energy complex core component will be a micro refinery that produces key refined products such as diesel, gasoline, and petroleum products for export to Mexican markets. Pipelines crossing the border to US and Mexico facilities is less expensive than trucking product across the border. The market conditions are extremely favorable and demand for energy solutions will only increase as the Eagle Ford Shale is developed below the border in Mexico.

The project is expected to take 36 months to plan and construct and is anticipated to create 500 to 750 jobs during construction and 50 to 60 full time permanent jobs. The total investment for this project is forecasted above $750 million USD. "We have the ability to scale this project and be responsive to the Mexican market for energy." said Mexiship Ocean CEO Armando Perez.     

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