A gondola is used to move pipeline construction materials in some rugged terrain in Mexico.TRANSCANADA CORP
A Canadian energy firm foresees doubling its investment in Mexico over the next four years, primarily in new electrical generation plants and pipelines, to a total of US $5 billion.
TransCanada Corp. currently operates two natural gas pipelines through contracts with the Federal Electrical Commission (CFE) and will put two more into operation by 2016, an investment of $2.6 billion.
The firm is looking forward to the next requests for bids by CFE, particularly those for cogeneration plants and pipelines, said its Mexico chief, Brandon Anderson, in an interview with Notimex.
He said Mexico’s energy reforms represent indirect benefits for infrastructure firms such as TransCanada.
Worldwide, the company operates 20 electrical generation plants and is actively pursuing what would be its first such plants in Mexico and entering the new wholesale electricity market that the reforms have made possible.
Anderson also mentioned that Mexico has nothing to fear from the Keystone XL pipeline, should it get approval, because it will not represent a threat to this country’s crude oil exports to the United States. The 1,900-kilometer pipeline is designed to carry Canadian crude from Alberta to U.S. refineries on the Gulf of Mexico.
“There is sufficient opportunity for the three countries — Canada, United States and Mexico — in satisfying energy demand in North America,” Anderson said.
TransCanada was the first company to build a pipeline in Mexico, in 1998.
No comments:
Post a Comment