The Canadian pipeline company may find Mexico to be a particularly hospitable jurisdiction at the moment thanks to Mexican President Andrés Manuel López Obrador’s desire to build out infrastructure to end the country’s reliance on imported fuels and become energy self-sufficient.
“We must work together to have this energy sovereignty, to help our countries face all the financial threats or the energy threats that we may have,” said Jose Friedrich Garcia Mallitz. “This project is showing this bond because the gas is going to come from the United States, the pipeline is going to come from Canada and Mexico is going to benefit from all of this work together as a team.
TC Energy isn’t entering uncharted waters, having previously completed an offshore natural gas pipeline, Sur de Texas, in Mexico in 2019.Article content “The Southeast Gateway Pipeline will be TC Energy’s second marine natural gas pipeline in Mexico, connecting to the coastal regions of Veracruz and Tabasco, and is another prime example of our ability to originate world-class projects that offer incremental growth to our long-term outlook,” Poirier said in an Aug. 4 statement.The trade delegation from Tabasco met with executives at TC Energy in Calgary this week before making stops in Toronto, Ottawa and Montreal.
mpotkins Encouraging to know a country like Mexico wants to be energy independent. Sounds like a winning partnership with Canada.
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mpotkins The WEF will not be pleased...