Spain's Enagás lands major gas compression deal in Mexico

Thursday, August 1, 2013

Spain's Enagás has landed a US$180mn deal to build and operate the Soto La Marina natural gas compression station for Mexican national utility CFE in Tamaulipas state, according to tender documents obtained by BNamericas.

The contract includes construction and 20 years of operation of a 1.85Bf3/d (52.3Mm3/d) compression station on the 48-inch Las Tunas natural gas pipeline owned by national oil company Pemex's gas subsidiary PGPB.

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Signature of the contract is expected August 15.

Enagás, in consortium with Servicios de Compresión SLM, won with a final bid of US$180mn. US-based Sempra Energy was runner-up with a bid of US$232mn.

A consortium of Mexican firms Servicios Integrales de Compresión and Taylor Servicios Técnicos tabled a bid of US$298mn but was disqualified on technical grounds.

The project is expected to be completed by December 2014.