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Re: None

Thursday, 12/02/2021 11:13:24 AM

Thursday, December 02, 2021 11:13:24 AM

Post# of 41539
So, i’m probably late to the party here, but the NGI article from a couple days ago specified that the $4.5 billion project was for an offshore pipeline and likely built by TC. I was obviously disappointed to learn that. However, the Tuxpan offshore pipeline is only a 2.6 BCF/d to begin with. This expansion project is one among many to relieve the bottleneck at Tuxpan. I wish I had more knowledge as to the demand for natural gas in southern Mexico, but I would think that our projects are still more than necessary.. remember, Puebla wants a 1/2 bcf/d & J&L 1/4 bcf/d.. that’s the only two specified amount that we know of at this point. In addition, still needs to be enough gas to feed the Salina Cruz LNG facility, the entire isthmus development (10 industrial parks), the prosperidad pipeline heading south, and the Central American pipeline.. that’s a lot of natural gas right there. As you may have noticed in the NGI article, the rehabilitation of the San Fernando-Cactus line is still there as proposed. Also remember, OUr Projects are still part of the national infrastructure plan. And as of a year ago they were already in advanced stages. I’m with Macod, that this AMLO decree that came out last week must be of significance to finally “unlock the permits” which has been an issue for the last year at least easily… as always, we’ll see.

Lastly, pipelinebreath, are we actually delisted? The lack of care around filings is killing us. I’m holding out hope that efforts have been spent in other areas that are more pressing, and that we will come back from our defunct status, if that’s truly where we are now.