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Monday, 06/29/2020 8:23:08 AM

Monday, June 29, 2020 8:23:08 AM

Post# of 41306
New Interview from Horacio Zarate:

They propose a million dollar investment in natural gas pipelines in Veracruz
6/25/2020
- The National Energy and Petrochemical Council and the Mirage Energy company expect to invest 4 billion dollars
- They would rehabilitate and expand the pipeline network in Veracruz to supply CFE with natural gas
- The AMLO government has given the green light to this type of works in the country

In alliance, the National Energy and Petrochemical Council and the Mirage Energy Corporation company announced their intention to invest 4 billion dollars to build a gas pipeline from Waha, Texas, to a storage tank in Tamaulipas, going down the Cactus gas pipeline, Chiapas .

 The project would cover the state of Veracruz from north to south and could expand the gauge to 48 inches of the Interoceanic Gas Pipeline of the Isthmus, between Coatzacoalcos and Salina Cruz, allowing the generation of a thousand jobs in the country, both direct and indirect.
 
The objective would be to supply the Federal Electricity Commission (CFE), which is experiencing a gap due to the low supply of natural gas for electricity generation, especially since the Government of Andrés Manuel López Obrador has given "green light" to others gas pipelines in the country.

 Exclusively, the president of the National Council for Energy and Petrochemicals, Horacio Zárate Acevedo, anticipated that if this investment and construction proposal were made, the cheapest price in the world in terms of natural gas would be offered to customers, mainly CFE .
 
"The CFE generates Electric Power through 65% of Natural Gas consumption, which is of great importance in the consumption of this energy (...).
 
"The National Energy and Petrochemical Council has just signed a framework collaboration agreement with one of the largest companies in the world, Mirage Energy Corporation , on March 17 of this year and this commercial alliance is for more than 4 billion dollars ", Highlighted.

 Broadly speaking, he explained that natural gas will be piped from Waha to a storage tank in Campo Marte, Tamaulipas, and from there it would pass through the San Fernando-Cactus gas pipeline, heading to the Yucatan Peninsula.
 
"It is a great investment of the largest to be established in our country, we have already knocked on the doors and we are in a hiatus because there has been no opening after the pandemic in the country," said Zárate Acevedo.

 He added that they manage permits, with an advance of 40 percent to achieve validation in different dependencies.
 
In addition to seeking an approach with the Presidency of the Republic, they need to make arrangements with the CFE, the Ministry of Energy, Petróleos Mexicanos, the National Center for Energy Control (CENACE) and the Energy Regulatory Commission (CRE).
 
In this regard, Zárate Acevedo anticipated a spill in the economy with the generation of jobs associated with the natural gas supply project.

"First of all, it is required to have government validations in some way and what we intend as the first action is to present it to President Andrés Manuel López Obrador and hence all the communication channels and the CFE are derived; We have 30 to 40 percent progress.

 "If there is no natural gas there is no production and currently the Federal Electricity Commission is going through one of the most bitter moments, both technical and financial. Last year they lost more than 29 billion pesos in technical failures. "
 
He considered that due to the current stage of financial crisis, the government of Mexico and the CFE, in their National Energy Plan, as well as austerity, are going through the right moment to review all the contracts inherited from past administrations.
 “The clauses on the costs of natural gas could be thoroughly reviewed, coupled with times, suppliers, forms of payment, dollar price and favorable conditions for the country, since it is known that there are uncompetitive prices that make the generation of gas more expensive. electric power, substantially increasing the electricity rates in Mexico ”.
 
This, added to the fight against “huachiluz”, which is the theft of electricity by merchants, industries and houses-rooms, generating an annual deficit close to 100 million pesos currently generated by the CFE.
 
"In some way the CFE is struggling to create the best conditions for supplying electricity."
 

From Texas to Yucatan
 
The gas line project would begin in Waha and part towards Agua Dulce y Nueces, Texas, enters national territory in Matamoros through Camargo, continues to two compression stations and one measurement station.

 The pipeline advances through Tamaulipas in a north-south direction and continues in Naranjos, Tuxpan and in Coatzacoalcos it connects with a gas line towards Salina Cruz. In this line it is planned to expand the size of the pipeline and it is planned to connect this city with Tapachula, in the limits of Chiapas and Guatemala.
 
The work continues its route to Tabasco, Campeche and concludes in Valladolid, Yucatan, from where a branch line would continue to Cancun and Tulum.
 
Zárate Acevedo recalled that it is fuel for the production of assemblers in Bajío, the industry in the north of the country and even in Tenaris-Tamsa de Veracruz, demonstrating its high efficiency.
 
"Veracruz must change that citizen and political chip, that if this project of that magnitude is brought in, that they do not polarize it with political issues."
 
He added that natural gas is an efficient, economic and environmentally friendly energy source, generating a calorific level equal to or greater than LP Gas, but making it safer in its operation.
 
Currently, Natural Gas is used in the Northern states -Centre of the country, attracting large companies for the installation of Industrial Parks. In this sense, he mentioned that one of the main requirements that companies request to invest are basic municipal services and natural gas.
 
“As the President of Mexico has already endorsed it in the past months, to continue the gas pipelines in the country, there is great confidence that this important project will generate economic spillover, public works, and above all, give certainty to the CFE to continue supplying energy for industry -commerce and housing, including improving the rates earned on bi-monthly receipts.

 “Veracruz is the number one state, in the production of natural gas, making it very attractive for investment; which would allow to minimize unemployment in the entity ”, he concluded.

https://www.alcalorpolitico.com/informacion/plantean-inversion-millonaria-en-ductos-de-gas-natural-en-veracruz-319550.html