Exclusive-Shell to supply oil to Pemex's Texas refinery under long term contract -document, source
MEXICO CITY/HOUSTON (Reuters) - Royal Dutch Shell (RDS/A) will supply crude to the 340,000-barrel-per-day Deer Park refinery for at least 15 years, as part of the sale of its stake in the Texas facility to Mexico's Pemex, according to a source and document on the transaction.
The handover, expected to happen on Thursday, will also include a labor agreement allowing Pemex to absorb most of the refinery's employees for two years, the source and the document said.
(Reporting by Adriana Barrera and Gary McWilliams)
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