Federal Electricity Commission News

Mexico is talking to half a dozen companies ahead of opening tenders next month to build and supply a liquefied natural gas terminal at the Pacific port of Manzanillo. The Federal Electricity Commission will open the tenders in the first half of April, after spending time discussing details of the LNG project with potential bidders. Analysts expect to see interest in the building tender from global LNG players like Chevron, Repsol-YPF, Sempra Energy and Royal Dutch Shell. For a parallel tender to select suppliers of LNG for the $430 million, 500 million cubic feet per day plant, the CFE is talking to companies in gas-rich nations like Australia, Bolivia and Peru. Analysts see Peru's Camisea gas field well placed to win.