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

San Miguel Race Brings 12000 Visitors and Tourism Boost

San Miguel Race Brings 12000 Visitors and Tourism Boost

La Classicissima brought 1,100 cyclists and 12,000 attendees to San Miguel, adding more than 15...
Mexico’s First World Cup Squad Picks Start Countdown

Mexico’s First World Cup Squad Picks Start Countdown

Mexico named 12 Liga MX players for its first World Cup preparation group, starting the...
Four Women Killed Near Culiacán Market in New Attack

Four Women Killed Near Culiacán Market in New Attack

Authorities are investigating the killing of four women near Culiacán’s Rafael Buelna market as feminicide...
COMUSIDA data leak HIV Puerto Vallarta

Puerto Vallarta Plans AIDS Memorial Vigil for May 15

Puerto Vallarta will hold an AIDS memorial vigil on May 15, combining remembrance with a...