The completion of this evaluation process now affords Tidelands the opportunity to deliver a comprehensive and fully integrated network of facilities to assist Mexico with the development of their energy infrastructure.
Michael Ward, President and CEO of Tidelands Oil & Gas Corporation, said, "We are pleased the finalization process with the Remora Technology HiLoad LNG Regasification Terminal has transpired expeditiously. Tidelands' proposed underground storage facility, cross-border pipelines and HiLoad Regasification Terminal can cumulatively provide the infrastructure to satisfy the demand for gas within Mexico's borders as it relates to their commercial, industrial and residential customers. We are eager to proceed with additional steps in our overall plans and look forward to delivering more information regarding our projects as they unfold."
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