By OGJ editors
HOUSTON, June 21 -- TransCanada Corp., Calgary, announced plans to invest $181 million to build, own, and operate a 36-in., 125-km gas pipeline from Pemex Gas facilities near Naranjos, Veracruz, in east-central Mexico to a power plant near Tamazunchale, San Luis Potosi.
State-owned public utility Comisión Federal de Electricidad (CFE) awarded TransCanada a 26-year gas transportation contract.
TransCanada expects to put the pipeline in service by Dec. 1, 2006.
Initial pipeline capacity will be 170 MMcfd. Under the contract, the capacity will be increased to 430 MMcfd to meet needs of two planned power plants near Tamazunchale. That expansion is to begin in 2009.
