TransCanada completes pipeline in Mexico

TransCanada Corporation has completed its 307-kilometre Guadalajara Pipeline in Mexico. The Guadalajara pipeline will allow the Comision Federal de Electricidad (CFE) to continue developing a natural gas-fired electricity generation fleet in the central region of Mexico. The entire capacity of the $360 million pipeline is held under a 25-year contract with CFE, Mexico's state-owned electric company.

Guadalajara is TransCanada's second pipeline investment in Mexico. The  pipeline connects to an LNG regasification facility located near Manzanillo, in the state of Colima. It has a capacity to transport 500 million cubic feet of natural gas per day to a nearby CFE owned power plant and 320 million cubic feet per day to the Pemex-owned national pipeline system near Guadalajara, in the state of Jalisco.

TransCanada is the country's largest pipeline company. It has put into service seven other major projects in the last year. The company's network of natural gas pipelines extends more than 57,000 kilometres (35,500 miles), tapping into virtually all major gas supply basins in North America. TransCanada is one of the continent's largest providers of gas storage and related services with approximately 380 billion cubic feet of storage capacity.