|
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
. | ![]() |
. |
|
![]() |
![]() by Daniel J. Graeber Mexico City (UPI) Aug 25, 2014
French energy company GDF Suez said Monday it started construction on a natural gas pipeline running through Mexico through a partnership with Pemex. "This investment demonstrates our group's confidence in Mexico's growing economy and our commitment to play an important role as an investor in Mexico's energy future," GDF Suez Chairman and Chief Executive Officer Gerard Mestrallet said in a statement. Dubbed the Ramones II South, the pipeline will run more than 180 miles through central Mexico. Established through a joint venture with Petroleos Mexicanos, known also as Pemex, the pipeline will have the capacity to carry 1.4 billion cubic feet of natural gas per day. The French company will serve as the operator of the pipeline, set for completion next year. The entire Ramones pipeline will eventually extend more than 620 miles into Mexico and allow the country to import as much as 2.1 billion cubic feet of U.S. natural gas per day. "We are delighted to begin construction of the Ramones II South pipeline, which will be key to the expansion of the natural gas transportation system in Mexico," Mestrallet said.
Related Links All About Oil and Gas News at OilGasDaily.com
|
![]() |
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service. |