The Business Year

Andres Suárez

MEXICO - Energy & Mining

Hydrocarbon Storage Terminal

CEO, Hydrocarbon Storage Terminal, México

Bio

Andres Suárez has 20 years of international experience in the oil & gas and energy industries in Europe, the Middle East, North America, and Latin America. His areas of expertise include strategy, business development, infrastructure project management from inception to implementation, JV development, storage terminals, and pipelines operations. He is the Vice President for Americas of the CLH Group and the CEO of Hydrocarbon Storage Terminal (HST) in Mexico.

Why is it important for the country to increase its storage capacity to 10-12 days, the international average? Many countries face limitations in storage capacity for oil products, which is […]

Why is it important for the country to increase its storage capacity to 10-12 days, the international average?

Many countries face limitations in storage capacity for oil products, which is a key element in the value chain to secure the supply to the consumer, both on time and with the desired quality. Many variables can risk our supply lines, be it transport incapacity, bad weather, war, terrorism, contamination, sabotage, or lack of supply. If the system does not have enough storage capacity, there will most likely be critical shortages. The number of days of storage capacity each country needs depends on local crude availability, refining capacity, logistics system capacity, and financial resources. For example, countries that are members of the International Energy Agency have 90 days worth of net imports. Having between 1 and 3 days, which is the case of Mexico, is a huge risk.

What added value does your company offer the industry in Mexico?

The CLH Group has more than 90 years of experience in this sector, and adding value to the several stakeholders is our core pursuit. The group is focused only on the logistics industry, including operating pipelines, storage facilities, ports and airport tank farms, and providing plane refueling services. We have the objective of bringing all that value and knowledge to the country. Second, the CLH Group is financially healthy, which makes it possible to materialize investments in logistics assets. We are a not just an operator of infrastructure, but an investor with an operations background, a winning combination.

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