Energy Secretary Pedro Joaquin Coldwell kicked off construction of an $80 million natural gas compression station in the northeastern Mexican state of Tamaulipas.
The plant, which will be financed and built by U.S.-based InterGen and create 220 jobs, is to come online in mid-2014 and form part of the Comprehensive Natural Gas Supply Strategy unveiled this month by Mexican President Enrique Peña Nieto.
InterGen CEO Neil Smith hailed the investment in this natural gas station, located in the city of Altamira, saying it will strengthen the country's infrastructure and help in the creation of direct and indirect jobs.
The new plant, which have a compression capacity of 1.3 billion cubic feet per day, will help ensure supplies of natural gas at competitive prices, avoid critical shortages and boost the capacity of the gas pipeline that runs along Mexico's Gulf coast to 500 million cubic feet per day, Coldwell said. EFE