Phoenix Park Energy Marketing has signed a Letter of Intent with Intersim SA (SIMSA GROUP), one of the largest propane distributors and retailers in Mexico.
The agreement was signed on August 9th in Mexico.
The new contractual arrangement will increase the number of rail cars of propane delivered by PPEM to SIMSA from 300 cars per month to 650 cars per month and more.
This latest development comes on the heels of PPGPL signing a Technical Services Agreement with a Ghanaian consortium to provide technical and commercial advisory services, drawing on its expertise in the fields of process and mechanical engineering, commercial, project management, and process operations.