Guatemala, Mexico advance gas plan, table hydro proposal
Guatemalan energy and mines minister Erick Archila Dehesa and Mexican energy secretary Pedro Joaquín Coldwell met to advance plans for a natural gas pipeline.
The line, expected to cost US$600mn, would link the two countries and facilitate the shipment of Mexican gas to Guatemala and other Central American countries.
In a joint statement, the ministers backed a roadmap established by a bilateral workgroup at a Mesoamerican energy investment summit to review the legal framework and business model as well as demand and related aspects such as power generation.
Officials, which held a first workgroup meeting last month, agreed to hold a promotion forum next year.
A proposal to build a hydroelectric plant with up to 2GW capacity on the Usumacinta river, which runs along the border, was also tabled.
BNamericas will host its 11th Southern Cone Energy Summit in Lima, Peru, on November 12-13. Click here to download the agenda.
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News in: Oil & Gas (Guatemala)
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