EPN expands infrastructure
Gvn’t invests to enlarge gas line network
THE NEWS
The federal government will invest 228 billion pesos ($16 billion) to build new gas pipelines around the country, representing a 75 percent increase from the existing infrastructure, announced President Enrique Peña Nieto on Tuesday.
During the inauguration of the first phase of the Los Ramones gas pipeline, which extends from the municipality of Los Ramones to Tamaulipas, the president said that phase two will extend the pipeline through the states of Guanajuato, Querétaro and San Luis Potosí.
The investment will almost double the nations current capacity for transporting gas, said Peña Nieto.
“And that isn’t considering what private sector projects can eventually bring in the coming years,” said the president. “This is one of the fruits of the energy reform.”
The first phase of the gas line in Los Ramones is 116 kilometers long, while the second phase will add another 738 kilometers.
“The Los Ramones gas line is one of the biggest energy infrastructure projects with a total investment of $2.5 billion,” said Peña Nieto.
The development of gas infrastructure creates a new face and opportunity for Mexico and generates important benefits such as lowered electricity costs for Mexican families and industries around the country, he said.
“This is a government that listens,” said Peña Nieto.
“It is a government that bases its decisions around measuring social sentiment, but we are clear in the direction that we have set to assure that the country has better conditions for development and consequently to elevate the quality of life for Mexican families.”
The president added that one of the five priorities of his administration is to create better infrastructure that will allow Mexico to be a more affluent country that incorporates more social sectors into its development.
Part of the infrastructure project that will be initiated in the coming months and years is constructing more pipelines to bring natural gas to Chiapas, Oaxaca and Guerrero, states that are lagging in development, said Peña Nieto.
The 2014-2018 National Infrastructure Program combines public and private investment to construct 17 pipelines and an additional project to supply natural gas to Baja California Sur.
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