Division of a Mexican conglomerate Karso Group signed an agreement with the state electric power company CFE Treaty to build a gas pipeline in northern Mexico, the company said in a statement this Thursday.
This was announced by Grupo Carso, controlled by the family of Mexican billionaire Carlos Slim. The length of the gas pipeline will be 416 kilometers.but did not disclose the amount he will spend on the project.
According to the company, the project will be a continuation of the Samalayuca-Sasabe (Guanajuato-Sonora) gas pipeline.
In the statement, the CFE Treaty confirms that with this project About 700 direct jobs will be created.in the states of Sonora and Baja California.
Likewise, the CFE Treaty will have the opportunity not only to be an anchor user of the transport system, but also to have the right to be a shareholder in the company developing the project.
You might be interested > CFE Treaty agrees to develop new gas infrastructure for $300 million
This week, the industrial conglomerate also reached an agreement to buy 50% shares in the Ichalkil and Pokoch oil fields for $530 million.
President Andrés Manuel López Obrador supported the agreement, saying that supports that oil fields remain in Mexican hands.
(according to information from RTS)
Source: Aristegui Noticias
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
