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Mirage Energy Signs Agreement with the State of Puebla for Development of Pipelines

Source: www.gulfoilandgas.com 6/11/2020, Location: South America

MIRAGE ENERGY CORPORATION has signed an agreement with ENERGY AGENCY OF THE STATE OF PUEBLA to develop a pipeline infrastructure project to deliver natural gas to the state and various industrial parks with in the state. This includes the delivery of 500 mmbtupd of natural gas thru this pipeline project. Total estimates cost for development of this project is expected to be s $300 million USD.

The first stage is a 46.60 mile pipeline from the Pemex's Compression Station at San Martin to new Industrial Park at Izucar de Matamoros Puebla.

This project will give a faster more economical way of delivering natural gas to the region of Mexico with our pipeline network we should be able to deliver natural gas at a 50% discount to current prices.

Also, we have signed a work agreement with the National Infrastructure Union.

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