Mexico Pacific is set to build a natural gas pipeline and liquefaction plant in the northern state of Sonora for an investment of up to $14 billion, Mexican President Andres Manuel Lopez Obrador and his office said on Tuesday.
Lopez Obrador first identified the company as Pacific Limited on Twitter, though his office later told Reuters the company's full name was Mexico Pacific Limited.
Mexican Foreign Minister Marcelo Ebrard had told journalists earlier in the day they had met with Mexico Pacific to discuss "a considerable investment in liquefied natural gas."According to its website, Mexico Pacific is already constructing a 14.1 million tonnes per annum liquefied natural gas export terminal in Puerto Libertad, Sonora.
CPKC "agreed to work together exploring how we can support the administration's initiatives, including sharing our experience, best practices and technology for" two train lines being constructed by the government, the firm told Reuters.
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