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 . . .

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