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U.S. company Pacific Limited to invest $14 billion for gas pipeline and liquefaction plant

Mexico City, Mexico — President Andrés Manuel López Obrador says the country has new investments in energy and infrastructure. On Wednesday, López Obrador said that after a National Palace meeting with representatives of the Pacific Limited Company, the company has agreed to the construction of a gas pipeline and a liquefaction plant in Sonora.

AMLO reported that the investment of the gas pipeline will amount to $14 billion USD.

López Obrador also reported that the Government of Mexico initiated cooperation agreements between the Maya Train and the Trans-Isthmic with the Canadian Pacific Kansas City railway company.

On his social networks, AMLO posted “Today we held three important meetings: we received Elizabeth Sherwood-Randall, President Biden’s envoy to address the immigration issue with a humanist approach.

“They also gave us the good news that the company Pacific Limited will build a gas pipeline and a liquefaction plant in Sonora, whose investment amounts to 14 billion dollars.

“Finally, we started cooperation agreements between the Mayan Train and the Trans-Isthmic with the Canadian Pacific Kansas City railway company.”

Last year, López Obrador had said that said firm would build its liquefaction plant in Puerto Libertad for an investment of around $2.5 billion USD.