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

El Metro 9 Arrest Triggers Violence Across Reynosa

El Metro 9 Arrest Triggers Violence Across Reynosa, Mexico

Reynosa saw roadblocks, fires and shootings after the arrest of alleged Gulf Cartel figure Alexander...
puerto vallarta plan

Puerto Vallarta Falls Off Key U.S. Summer Travel List

Puerto Vallarta missed Tripadvisor’s U.S. summer travel top 10, while Cancún led and Los Cabos...
Puerto Vallarta Navy Overflights Follow Cartel Arrest

Puerto Vallarta Navy Overflights Follow Cartel Arrest

Navy overflights in Puerto Vallarta followed the arrest of Audias Flores Silva in Nayarit, with...
Classic Car Show Brings Crowds and a Cause to San Miguel

Classic Car Show Brings Crowds and a Cause to San Miguel

A San Miguel car show at Fábrica La Aurora drew more than 30 classic and...