Mexico releases new gas regulation

Aug 05, 2002 02:00 AM

Mexican energy authorities have released a set of regulations governing the design, construction, operation and maintenance of natural gas storage plants. The document also covers all the activities connected with the unloading, piping, storage, regasification and delivery of the gas.
Prerequisites for location, security and environmental standards are also outlined in the document.

With the definition of standards, it is expected that foreign companies who want to invest in this area will be able to go ahead with their plans. The government sees private investment in this sector as a necessity for the development of the country's energy resources.
Mexico's supplies of natural gas are insufficient to meet demand and it is hopes that the document will aid in increasing imports.

Source: El Economista/SABI
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