Thursday, December 4, 2014

Mexico: Los Ramones Pipeline Will Allow 45% Increase in Gas Imports

laht.com

MEXICO CITY – President Enrique Peña Nieto said at the inauguration of the first phase of the Los Ramones gas pipeline, Mexico’s largest hydrocarbon transportation project of the past 40 years, that the conduit will enable a 45 percent increase in gas imports.

The initial phase of the pipeline, which will eventually transport gas from the northern border region to central Mexico, covers a distance of 116 kilometers (72 miles) from the northeastern state of Tamaulipas to the neighboring state of Nuevo Leon.

“This project will allow us to increase our natural gas imports by 45 percent,” Peña Nieto said Tuesday in Los Ramones, a town in Nuevo Leon.

The pipeline, once completed, will have the capacity to carry up to 2.1 trillion cubic feet per day of imported natural gas, or nearly a third of total domestic consumption, and help meet demand in central and western Mexico.

Los Ramones will span a total distance of 1,021 kilometers (635 miles) from Agua Dulce, Texas, to Apaseo el Alto, a town in the central Mexican state of Guanajuato, and require a total investment outlay of $2.5 billion.

Peña Nieto said the project is part of his government’s plan to build some 8,500 kilometers (5,280 miles) of new gas pipelines.

“This means that at the end of this administration we’ll have 75 percent more gas pipeline infrastructure (and be) very close to doubling our country’s currently installed capacity,” the president added.

One of the objectives of the pipeline plan is to transport gas to Chiapas, Guerrero and Oaxaca, three southern states whose growth and development have lagged behind the rest of Mexico.

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