Sempra Energy say that its Mexican subsidiary, Infraestructura Energética Nova, has been awarded a 20-year contract by the Veracruz Port Administration in Mexico to build and operate a receipt, storage and send-out liquid-fuels terminal on the Mexican Gulf Coast.

The new terminal will have a capacity of 1.4 million barrels of gasoline, diesel and jet fuel to supply the central region of Mexico. Operations are expected to commence in the second half of 2018.

IEnova will be responsible for the development of the liquid-fuels terminal project, including obtaining permits, engineering, procurement, construction and financing, as well as maintenance and operations.

The project is expected to create about 500 direct jobs (plus up to 2,000 indirect jobs during construction).