Spain's Natural Gas to invest more than $ 500 mm in Mexico

Aug 03, 2000 02:00 AM

The Spanish company Natural Gas will invest more than $ 500 mm in Mexico during the next five years to widen its natural gas distribution net and to acquire 1.8 mm customers.
The company's CEO, Eduardo Cardenal Rivera, said Mexico's population has a good acceptance of natural gas since in Mexico's central city of Toluca alone, there are more than 7,000 customers in a little over a year.
He said that with more than 6 mm customers around the world and nearly 440,000 in Mexico, Natural Gas consolidates in the next years as one of the strongest foreign companies in Mexico.

Source: Xinhua via Newspage
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