$1.12 Billion Gas Pipeline To Link Mexico And Guatemala

March 2014, Vol. 241 No. 3

Mexican state oil company PEMEX and Guatemala are planning a $1.2 billion, 370-mile gas pipeline linking the two countries and giving local manufacturers access to cheaper energy, according to a Reuters report.

As proposed, the pipeline will run between Salina Cruz, Mexico and the southern department of Escuintla, Guatemala. Plans call for Pemex to build 420 km and Guatemala will build the remaining 180 km. Guatemala reportedly plans to open the project to bidding this year. The line has a scheduled operational date of 2016.

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