Petroleos Mexicanos (Pemex). (Company News).State-owned oil company Petroleos Mexicanos (Pemex) has signed a contract with U.S. gas storage and transport firm Kinder Morgan Kinder Morgan Inc. NYSE: KMI is an American energy company. It is also, through a subsidiary, the general partner of and owner of many of the interests in Kinder Morgan Energy Partners, a publicly traded pipeline and terminal limited partnership. Pipelines to construct a cross-border natural gas duct. The conduit, which will stretch from Starr County, Texas Starr County is a county located in the U.S. state of Texas. In 2000, its population was 53,597. Its county seat is Rio Grande City6. The county is named for James Harper Starr who served as Secretary of the Treasury of the Republic of Texas. , to Monterrey, will be used to import half the natural gas Mexico buys annually. The imported natural gas will serve the Monterrey Ill de Iberdola power generation plant located in Pesqueria, Nuevo Leon, Kinder Morgan said in a press release. Construction is expected to be complete in the second half of 2003 and will open with an initial flow capacity of 375 million cubic feet daily. In other Pemex news, the state oil monopoly has signed a contract with Hynes and Boone to conduct a feasibility study "A Feasibility Study" is an episode of the original The Outer Limits television show. It first aired on 13 April, 1964, during the first season. It was remade in 1997 as part of the revived The Outer Limits series with a minor title change. of Pemex's plans to build a new petrochemical petrochemical, any one of a large group of chemicals derived from a component of petroleum or natural gas. The cracking processes for manufacturing gasoline produce vast quantities of gaseous hydrocarbons. plant in Veracruz. Pemex petrochemicals director Rafael Beverido said the study will be finished by February and bidding on the project will be opened before the end of 2003. He affirmed af·firm v. af·firmed, af·firm·ing, af·firms v.tr. 1. To declare positively or firmly; maintain to be true. 2. To support or uphold the validity of; confirm. v.intr. though there are no constitutional restrictions barring foreign companies from participating in these types of evaluations, Pemex will explain to the Senate its reasons why the project is necessary. "There is no legal foundation to throw out this project ... but foreseeing any type of situation, we are carrying out consultations with legislators," Beverido said. |
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