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

San Miguel sports park sparks protected-area clash

San Miguel sports park sparks protected-area clash

Environmentalists want Guanajuato to halt new Bosque Deportivo works, saying part of San Miguel’s sports...
Mexico Launches Bee Protection Campaign Against Varroa

Mexico Launches Bee Protection Campaign Against Varroa

Senasica launched a national campaign against varroasis, a bee disease that threatens pollination, honey output,...
Mexico and U.S. Renew Talks on Trade and Migration

Mexico and U.S. Renew Talks on Trade and Migration

Mexico and U.S. officials reopened high-level talks as both sides juggle migration pressure, trade disputes...
Cancún Nautical Sector Plans Reef Safety Investment

Cancún Nautical Sector Plans Reef Safety Investment

Quintana Roo’s nautical sector plans up to MXN 2 million for reef safety near Cancún,...