Puerto Vallarta News

Puerto Vallarta 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

Conagua pauses Los Cabos

Conagua pauses Los Cabos projects and a new hospital stalls

Conagua has paused paperwork for multiple Los Cabos projects, including an IMSS hospital, alarming officials...
El Paredon drowning

Puerto Vallarta drowning leaves tourist dead during boat excursion

A tourist died in the water at Playa El Paredon after entering from a boat....
Jalisco Canada flights

Canada flights to Jalisco surge while Vallarta holds 16

Jalisco is boosting Canada links from Guadalajara while Puerto Vallarta keeps 16 active routes, betting...
AIDAdiva cruise ship

AIDAdiva Cruise Ship visits Puerto Vallarta on a 133-day world run

AIDAdiva marks its first call in Puerto Vallarta as the ship loops the globe in...