ENGIE to Expand Mexican Natural Gas Pipeline

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ENGIE has announced it will spend at least $300 million to connect its Energia Mayakan natural gas pipeline, a 485-mile pipeline that transports natural gas from Ciudad Pemex in the state of Tabasco, to Valladolid in the state of Yucatan, to industrial and tourism users in the state of Quintana Roo.

As part of the project, which is expected to be finished by 2020, the company will extend the pipeline 99 miles.

Before holding an open season, ENGIE plans to first consult with industrial and tourism-related companies to gauge uncommitted interest.

ENGIE owns the Energia Mayakan Pipeline in partnership with GE Capital and EXI CKD, a specialist energy investment fund.

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