MEXICO CITY Jan 8 A consortium including an
energy company controlled by billionaire Carlos Slim won a
contract to build a 230 km (143 mile) pipeline to supply gas to
central, northern and western Mexico, the state power company
said on Thursday.
The consortium, which consisted of Slim's Carso Energy
and U.S. companies Energy Transfer Partners
and MasTec Inc, presented the lowest bid of $767
million for the work.
That bid was significantly below the $1.365 billion budgeted
for the project by Mexico's state power company CFE.
The Waha-Presidio pipeline will run through Texas and
connect with a pipeline in Mexico's northern Chihuahua state,
the CFE said in a statement.
Last year, CFE announced various infrastructure projects
near Mexico's northern border with the United States that are
part of the company's aim to boost U.S. natural gas imports and
help lower electricity rates via cheaper inputs and more modern
Slim's conglomerate Grupo Carso makes most of its revenue
from its retail and real estate businesses but in recent years
it has been boosting its energy unit, which includes drilling
and energy services.
Mexico last year finalized a sweeping energy reform that
ended decades-long oil and power monopolies.
(Reporting by Elinor Comlay)