NEWS
Tidelands chooses LNG consultant for Mexico
San Antonio, Texas, Aug 11 (LNG journal)
- Tidelands Oil & Gas Corp. said it signed a consulting services agreement for its liquefied natural gas project in Northeast Mexico with CenterPoint Energy Pipeline Services.
The proposed Mexican project is an integrated gas pipeline, storage and other facilities, said Tidelands, which owns and operates natural gas pipelines in Texas . The company also runs a natural gas processing plant.
CenterPoint will provide technical expertise and will oversee the development, construction, operation and maintenance of the project. Tidelands also plans an LNG regasification terminal in the Gulf of Mexico.
"CenterPoint Energy's sustained reputation for dependability has prompted us to engage their consulting services to investigate and evaluate the intricate details of our proposed pipeline, storage facility and LNG Project," said Michael Ward, President and Chief Executive of Tidelands.
Earlier this week, the Mexican subsidiary of Tidelands, Terranova Energia, filed an application for a proposed underground natural gas storage facility at Tamaulipas , Mexico , providing 500 million cubic feet of gas per day.
Tidelands said its storage facility will help satisfy demand for natural gas in Mexico 's Northeast, which includes the industrial city of Monterrey . It also plans transmission pipelines to transport natural gas from Texas into Mexico or vice versa.
