By 2019, Yucatán will have its first natural gas plant, with an investment of $1.5 billion US dollars by the firm Korea Gas Corporation (Kogas), providing service to the Yucatan Peninsula.
The president of the National Chamber of Industry (Canacintra), Mario Can Marin, said the project unveiled by Kogas is a state-based liquefied natural gas plant, which would seek to provide the energy to businesses and residences in Yucatan, Campeche and Quintana Roo.
Can Marin stated that this project will bring great benefits to the local industrial sector, as it will help make the market more competitive with a more reasonable price for this highly demanded energy product.
“Having a plant producing natural gas in Yucatan will significantly lower the production costs for all industries in the region, and will help them to comply with clean energy regulations”, the business leader said.
He said the Korean company plans to begin operations in 2019.
In the case of Yucatan, the installation of this plant would guarantee the supply of 300 million cubic feet per day required for businesses that use this type of energy, of which 95 percent, 285 million cubic feet, are used by the Comision Federal de Electricidad (CFE) to produce the energy consumed in Yucatan and the rest of Southeast Mexico.
The President of CANACINTRA recalled that in 2015, many industrial companies in Yucatán had complications due to the lack of natural gas supply by PEMEX, which meant that they had to use LP gas for their processes, because the CFE consumed all the natural gas PEMEX was able to supply.
But now, with the arrival of this company to Yucatán, 14 industries of great importance in the state will be greatly benefited.
“This is good news for our state, this world class Korean company has decided to invest in Yucatán, along with other international firms that are settling down in our state, such as Grupo Modelo, cardboard factories, Leoni (electric harnesses) and Reyma (plastics),” Can Marin concluded.
Comments
more recommended stories
One in 20 people identifies as part of the LGBTI community in Yucatan (ENDISEG)Based on the National Survey on.
Canadian Expat Runs Over Motorcyclist in Progreso, YucatanA resident of Canadian origin accidentally.
SSP agents rescue workers held inside a property in Mérida’s San Sebastián neighborhoodAuthorities of the Yucatan State Government.
Hundreds of same-sex couples get married in Mexico City massive ceremonyIn Mexico City, hundreds of same-sex.
Four killed in Colombia as Bullring collapses (Watch Video)Four people were killed and about.
-
Six police officers were gunned down in Nuevo León, Mexico
Six police officers were killed and.
President Biden condemned human smuggling criminal networks and blamed them for the San Antonio tragedyPresident Joe Biden on Tuesday condemned human.
Tropical Storm Bonnie likely to form this week in the AtlanticPotential Tropical Cyclone Two is likely.
Fifty migrants found dead inside a truck in TexasIn one of the deadliest recent.
Heineken to invest US$90 million in new Mexico plantHeineken will build a 1.8 billion.
The June, 2016 article is very promising. Is there an update available? Is the Korean company still expecting to start operations by 2019? Will the natural gas be imported or is it likely to come from Mexican territory? Will there be a new pipeline distribution system built and how far will it go?
I’ll be very grateful for your reply by email.