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Fermaca wins US$370 mln Mexico natgas pipeline contract -CFE

The deal is to build, operate and maintain a gas pipeline that will run through the states of Durango, Zacatecas and Aguascaliente.

(Photo: Archive/El Universal)
16/03/2016 |16:51Reuters |
Redacción El Universal
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Mexico's national power company CFE on Wednesday said it had awarded a US$372.6 million natural gas pipeline contract to Mexico-based energy company Fermaca.

The deal is to build, operate and maintain a gas pipeline that will run through the states of Durango, Zacatecas and Aguascalientes, and which should begin operating in January 2018, CFE said in a statement.

CFE said it received bids from Fermaca and subsidiaries of TransCanada Corp. and IEnova.

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