UPDATE 1-Pemex to develop $950 mln refinery power plant with Enel, Abengoa
(Adds details on project)
MEXICO CITY May 12 (Reuters) - State-run Mexican oil company Pemex has signed a memorandum of understanding with Italy's Enel Green Power and Spain's Abengoa to develop a $950 million plant that will supply power to the Pemex's Salina Cruz refinery in southwestern Mexico.
Pemex said in a statement on Tuesday it would work with a consortium led jointly by power company Enel SpA and Abengoa SA, which specializes in renewable technologies, to develop the 517-megawatt co-generation plant to supply the Antonio Dovali Jaime refinery in Salina Cruz and the national grid.
The project will create about 1,500 jobs, Pemex said.
In a separate news release, Abengoa said the plant would require an investment of $950 million. (Reporting by Tomas Cobos in Madrid and Gabriel Stargardter in Mexico City; Editing by Sarah White; and Peter Galloway)
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