Mexico OKs Pipeline to Future Arizona Refinery
From Reuters
Mexico has given an Arizona company permission to build and own a pipeline, expected to cost $650 million, that would carry Mexican crude oil to a planned refinery north of the border. It would be the first new U.S. refinery in nearly 30 years.
The move is unusual as Mexico’s constitution has banned foreign firms from upstream oil and gas activities since 1938.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
