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

cleanup puerto vallarta

Photo Gallery – Puerto Vallarta Cleanup Begins as Normal Life Returns

This story follows the recovery shift—what is being cleaned, what is reopening, and what the...
Cabo San Lucas launches its first citywide dog walk

Cabo San Lucas launches its first citywide dog walk

Families joined Cabo San Lucas’ first municipal dog walk, donating pet supplies and hearing reminders...
San Miguel de Allende marks Mexico’s Flag Day with a civic ceremony

San Miguel marks Mexico Flag Day with official honors

San Miguel de Allende held a Flag Day flag-raising with police, schools and municipal staff,...
18 people arrested for looting convenience stores in Puerto Vallarta

18 arrested after convenience store looting in Vallarta

Police say 18 people, including minors, were arrested after overnight looting at Puerto Vallarta convenience...