Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Carlos Slim’s Carso Energy Will Help Build New $767 Mil Pipeline

A consortium including an energy company controlled by billionaire Carlos Slim won a contract to build a 230 km (143 mile) pipeline to supply gas to central, northern and western Mexico, the state power company said on Thursday.

The consortium, which consisted of Slim's Carso Energy and U.S. companies Energy Transfer Partners and MasTec Inc, presented the lowest bid of $767 million for the work.

That bid was significantly below the $1.365 billion budgeted for the project by Mexico's state power company CFE.

The Waha-Presidio pipeline will run through Texas and connect with a pipeline . . .

Read Full Story

Related Posts

What Mexico’s World Cup Will Test Beyond Its Stadiums

What Mexico’s World Cup Will Test Beyond Its Stadiums

Mexico’s World Cup will test streets, transit, policing, vendors, public viewing, and whether the gains...
Why Mexico City Shakes and Sinks at the Same Time

Why Mexico City Shakes and Sinks at the Same Time

Mexico City faces two linked risks: earthquakes amplified by soft soil and sinking ground driven...
Can Plan México Bring Investment Without Losing Control

Can Plan México Bring Investment Without Losing Control

Plan México fast-tracks strategic projects while using state planning, procurement and infrastructure to steer private...

Christian Mobile Network Eyes Mexico With LGBT Blocks

Radiant Mobile plans a Christian phone service that blocks LGBT and gender content, with Mexico...