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 vallarta cruises

Puerto Vallarta closes March with 11,668 cruise visitors

Two cruise ships brought 11,668 people to Puerto Vallarta on March 31 as the port...
Mexico’s Public Investment Slump Sends Growth Warning

Mexico’s Public Investment Slump Sends Growth Warning

Mexico’s public investment fell 44.9% through February, driven by energy cuts and Pemex, raising fresh...
Cancún Launches a City Guide Beyond the Hotel Zone

Cancún Launches a City Guide Beyond the Hotel Zone

Todo Cancún combines tourism, culture, sports and downtown routes in one portal as the city...
San Miguel moves to protect Los Picachos water zone

San Miguel moves to protect Los Picachos water zone

San Miguel de Allende is tightening land-use rules in Los Picachos, saying the hillside is...