MMEX Resources has partnered with the government of the Santa Cruz province for the development and construction of an UltraFuel TM refinery in the province of Santa Cruz, Argentina. MMEX will contribute the clean refining technology and designs it has developed in conjunction with its refining partner, Polaris Engineering. The refinery will take 11,600 barrels per day of light crude, with high API, produced in Santa Cruz and/or Tierra del Fuego provinces, and supply the province with clean and substantially cheaper gasoline, diesel, jet fuel, and fuel oil. The Santa Cruz province will contribute land for the refinery and storage tank facilities in the Puerto Loyola area and facilitate the roadmap for the environmental permit, which MMEX expects to achieve in 2025.
Project Links:
From the Province Government:
- https://noticias.santacruz.gob.ar/gestion/gobierno/item/31279-vidal-firmo-memorandum-para-avanzar-en-un-proyecto-de-combustibles-limpios-en-santa-cruz
- https://x.com/_SantaCruzAr/status/1829940005273252259
Mexico:
Switzerland: