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TransCanada wins $400 million Mexican pipeline deal

Monday, November 5, 2012

Mexican authorities have awarded TransCanada another natural gas pipeline contract.

The Calgary-based company said Monday that it will invest about $400 million in a 413-kilometre pipeline between El Oro and Mazatlan, near Mexico’s west coast.

The 61-centimeter-diameter pipeline has a contracted capacity of 202 million cubic feet a day and is expected to be in service in the fourth quarter of 2016, TransCanada said.

Source: Montreal Gazette