Puerto Vallarta News

Puerto Vallarta News

Mexico announces plans for 5 new natural gas pipelines

Mexican authorities said here Tuesday they would hold auctions in the near future for five new natural gas pipelines, which are to be built at a cost of $2.25 billion.

The CEO of Comision Federal de Electricidad, or CFE, Enrique Ochoa, said in a statement that the state-owned electric utility and the Energy Secretariat would provide details on the bidding processes in the coming days.

Ochoa said at an energy and gas forum at the CFE's Technological Museum that the first gas pipeline would cost around $400 million and run from Ojinaga to El Encino in the . . .

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