The planned Dos Bocas refinery in Mexico, the favorite project of Mexican President Andrés Manuel López Obrador for weaning the country off fuel imports, sits in a protected area which state oil firm Pemex pledged to protect more than a decade ago in exchange for drilling rights nearby, Bloomberg reported on Tuesday, citing environmental assessment documents it had seen. Originally, the plan for the Dos Bocas refinery in López Obrador’s home state of Tabasco was expected to cost US$8 billion. According to Pemex’s…
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