From Agencia EFE via COMTEX:
Mexican President Felipe Calderón announced the investment of $11 billion dollars in both public and private investment over the next seven years to build eight natural gas pipelines covering more than 4,500 kilometers (2,800 miles) as well as serving local distribution networks. At a ceremony being held in the northwestern state of Sonora, he announced that the new investment is expected to increase the current length of Mexico's natural gas pipeline system by 40 percent. An approximate $8 billion will be invested in the gas pipelines, while another 3 billion dollars will go towards the expansion of industrial and gas distribution networks. According to experts in the field, Mexico likely holds the world's fourth-largest reserves of shale gas.
No comments:
Post a Comment