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

Puerto Morelos property seized over permit violations

Puerto Morelos property seized over permit violations

Authorities secured a Puerto Morelos property as they investigate alleged lot sales and missing environmental...
Why El Niño may matter more than storms in Quintana Roo

Why El Niño may matter more than storms in Quintana Roo

A likely return of El Niño could reshape rain, heat, and sea conditions in Quintana...
Playa del Carmen Beaches Show Moderate Sargassum Today

Playa del Carmen Beaches Show Moderate Sargassum Today

Most Playa del Carmen beaches were rated with moderate sargassum on April 14, while Playacar’s...
Playa del Carmen builders report weeks without jobs

Playa del Carmen builders report weeks without jobs

Construction workers in Playa del Carmen say stalled projects have left them jobless for weeks,...