Under the terms of the contract, IEnova will provide the transportation services of natural gas to the CFE for a term of 25 years.
The 205-kilometer, 42-inch diameter pipeline will have a design capacity capable of transporting approximately 1.4 billion cubic feet of natural gas per day. The estimated investment is U.S. $300 million and the pipeline is expected to begin operations during the first half of 2017.
"This is a result of our experience in building energy infrastructure projects and our commitment with the development of Mexico," said Carlos Ruiz Sacristan, chairman and CEO of IEnova. "I would like to highlight that the tender process was conducted by the CFE with transparency and professionalism. This was a competitive bid in which five other companies participated."
