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MMEX...Contrary to some reports, oilsands crude, partially upgraded

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I FAR I   Tuesday, 10/08/19 04:53:16 PM
Re: None
Post # of 119203 
MMEX...Contrary to some reports, oilsands crude, partially upgraded oilsands crude, and synthetic crude are ideal feedstocks to produce low-sulphur marine fuels because one barrel of such crudes produces significantly more Middle Distillate Oil(MDO) and Heavy Fuel Oil(HFO) than one barrel of light sweet crude.

Processes to remove the sulphur in oilsands crude or partially upgraded oilsands crude (synthetic crude is already low-sulphur) would need to be installed at the oilsands or at the refinery.

Which is the reason why MMEX is in the Permian Basin building a refinery!

Conversion to low-sulphur Marine Diesel Oils or use of blends which meet the IMO’s 0.50% (5,000 ppm) or 0.10% (1,000 ppm) sulphur limits; may require some minor engine modifications but little or no change to fuel systems, fuel storage, or to GHG emissions will meet the IMO’s 0.50% (5,000 ppm) or 0.10% (1,000 ppm) sulphur limits to reduce Sulphur Oxide (SOx) emissions for ships and ship owners.


"We are excited to announce we have entered into agreements with two strategic firms to implement our crude oil distillation marketing strategy, one is with a super-major international energy and trading company to purchase our IMO 2020 compliant marine fuel and the other is with an international company to provide logistics to move our future products from West Texas Permian Basin to Texas Gulf Coast markets by rail. Our strategic partner for Marine Fuel has a call on any expansion and future production, which gives us the incentive to start planning expansion. With rail, we can employ many options to move products to multiple points of delivery, increase delivery volumes easily, and it gives us the flexibility to move refined products back to the Pecos County site to ship crude by rail when the economics are favorable. All of these are an array of market options not available by pipeline fixed shipping points, destinations and single direction flows. And, most importantly, we will be able to do all of this at the same time to meet market demand."

Significant need for a refinery capable of processing “lighter” crude!
Steady supply of crude feedstock in the Permian Basin!
Access to wholesale and retail markets in United States, Mexico, Central America and South America!

"This is a great project. It has robust economics in it." - Jack Hanks

https://www.mmexresources.com/
MMEX RESOURCES
Leveraging Global Demand
for Energy Assets Located in the Americas.

Take care of the Pennies, Nickles & Dimes and the MMEX $$$$$$$$$$ will take care of THEMSELVE$!!

MMEX...You've Been BLESSED!!!

It's not the Ups and Downs that make life difficult -- It's the JERKS!
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