Mexico Pacific, GDI Sicim Pipelines and Bonatti announced today they have executed the Engineering, Procurement, and Construction (“EPC”) contract for the Sierra Madre pipeline project. The 500-mile Sierra Madre pipeline will be utilized as the primary natural gas supply path for the transportation of up to 2.8 Bcf/d natural gas from the U.S. border to the first phase of Mexico Pacific’s 15 million tonne per annum (“MTPA”) Saguaro Energia liquefied natural gas (“LNG”) export facility located in Puerto Libertad, Sonora, Mexico.
Under the lump-sum-turnkey EPC contracts, the GDI Sicim Pipelines and Bonatti joint venture will engineer, procure and construct the Sierra Madre pipeline with Bonatti’s scope extending to the required compressor stations.
“We are pleased to be partnering with GDI Sicim Pipelines and Bonatti. A team of best-in-class international pipeline contractors with proven track records of pipeline execution and delivery in Mexico” said Ivan Van der Walt, Chief Executive Officer of Mexico Pacific. “Execution of our pipeline EPC contracts represents yet another important inflection point for our project as we prepare to move into construction. We look forward to working with GDI Sicim Pipelines and Bonatti in delivering a project that will bring transformational value to Mexico and critically needed cleaner energy supply to global markets.”
“GDI Sicim Pipelines is very pleased to participate in this project and being part of this team. We are committed to the successful execution of the Sierra Madre Pipeline Project and will provide the best of our resources and experience to achieve this goal.”
“Bonatti is extremely proud to be part of this flagship project and to keep contributing to the development of Mexico’s energy infrastructure. We are committed to delivering this challenging project together with our partners.”
About Mexico Pacific
Mexico Pacific’s anchor project, the 15 MTPA Saguaro Energia LNG Facility, is the most advanced LNG development project on the West Coast of North America. The Saguaro Energia LNG Facility achieves significant cost and logistical advantages resulting in the lowest landed price of North American LNG into Asia by, leveraging low-cost natural gas sourced from the nearby Permian Basin, and a significantly shorter shipping route avoiding Panama Canal transit risk for Asian markets.
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