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    market news

    TransCanada to Construct Tamazunchale Pipeline Extension in Mexico

    Investing News Network
    Feb. 24, 2012 02:48PM PST
    Oil and Gas Investing

    TransCanada Corporation (TSX:TRP) reported that it will construct the Tamazunchale Pipeline Extension in Mexico.

    TransCanada Corporation (TSX:TRP) reported that it will construct the Tamazunchale Pipeline Extension in Mexico.

    As quoted in the press release:

    TransCanada expects to invest approximately US$500 million in the pipeline and anticipates an in-service date in the first quarter of 2014. The project will be 235 kilometers (146 miles) long and have contracted capacity of 630 million cubic feet a day (MMCf/d). The pipeline will use a combination of 30- and 36-inch-diameter pipe and have 37 megawatts of installed compression.

    Click here to read the TransCanada Corporation (TSX:TRP) press release.

    market newstsx:trp
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