Mexico's CFE receives LNG bids for new terminal

March 3, 2008
Mexico's CFE said it has received bids from three consortia to receive, store, and regasify LNG at the new terminal at the Port of Manzanillo on the country's Pacific Coast.

Eric Watkins
Senior Correspondent

LOS ANGELES, Mar. 3 -- Mexico's Comision Federal de Electricidad said it has received bids from three consortia to receive, store, and regasify LNG at the new terminal at the Port of Manzanillo on the country's Pacific Coast.

One bid has been tendered by Energia Occidente de Mexico, a consortium of Canada's TransCanada, Argentina's Techint, and Belgium's Tractebel.

The second bid has been tendered by Terminal KMS de GNL, a consortium of Japan's Mitsui and South Korea's Samsung and Korea Gas Corp.

The third bid has been filed by the consortium Controladora LNG Manzanillo, formed by Spain's Iberdrola, Mexico's ICA, and Japan's Tokyo Gas and IHI.

After starting at 90 Mcfd in 2011, supply will be scaled up to 500 Mcfd by 2015 at increments of 180 Mcfd, 360 Mcfd, and 400 Mcfd. The gas from Manzanillo will feed the new 3 Gw capacity CFE intends to install in the region.

CFE, which will announce its decision on Mar. 10, awarded Repsol Comercializadora de Gas a 15-year, $15 billion contract in September 2007 to supply the Manzanillo terminal with Peruvian gas.

Contact Eric Watkins at [email protected].