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Weekly Report - 24 April 2014 (WR-14-16)

TRACKING TRENDS

MEXICO | Building more gas pipelines. On 22 April the state-owned electricity company (CFE), announced that in coordination with the energy ministry it will launch a public tender process for the construction of five new gas pipelines across the country, a US$2.25bn investment project, in the next few days. The announcement was made by CFE general director, Sergio Ochoa, during an energy & gas forum in Mexico City. According to Ochoa, the pipelines will form a new network linking the central state of Durango to the northern states of Chihuahua and Sonora and to the US states of Texas and Arizona. Ochoa explained that this was part of the Mexican government’s efforts to improve Mexico’s energy integration with the US and the reliability of the country’s natural gas transportation system so as to promote the increased use of the cheap and clean-burning fuel.

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