Spectra, TransCanada To Build $3.6B LNG Pipeline Into Mexico

June 14, 2016

Spectra Energy, TransCanada and others were awarded $3.6 billion in contracts Monday to build 665 miles of pipelines to carry liquefied natural gas from near Corpus Christi to the Mexican port city of Tuxpan, Veracruz.

Mexico awarded Spectra Energy the contract to build a $1.5 billion pipeline from Nueces County to the Mexican border at Brownsville.

TransCanada, based in Calgary, and a Mexican subsidiary of San Diego-based Sempra Energy, will build the connecting, $2.1 billion Sur de Texas pipeline from the border through the Gulf of Mexico and into Tuxpan.

The Texas portion of the project, expected to come online in 2018, will go through Spectra’s Valley Crossing Pipeline subsidiary and transport up to 2.6 billion cubic feet of natural gas a day.

Source: MySanAntonio.com