Manzanillo LNG Supply Contract Attracts Initial 9 Groups

Nine groups attended the first question-and-answer session for the supply component of Mexico's Manzanillo LNG re-gasification project, state power company CFE reported.

Representatives attended the meeting from Transportaciones Maritimas Petroleras; Transportacion Maritima Mexicana; Shell Mexico, Gas Natural; Sumitomo Corporation de Mexico; Grupo Anumen; Gastream Mexico; ChevronTexaco de Mexico; Transcanada Pipelines; and Sempra Energy, according to the meeting minutes.

The deadline to purchase bidding rules to supply 500Mf3/d of re-gasified LNG for 20 years is January 10. Offers are due January 16.

The project's other component entails reception, storage and regasification of LNG and the delivery of natural gas to CFE for 20 years. The state power company will hold this contract's first question-and-answer session October 30. Bidding rules will be available through March 20 with offers due March 26.

Winners of the supply and reception, storage and re-gasification contracts will have to provide guarantees of US$120mn and US$85mn respectively at contract signing.

CFE expects the Manzanillo project in Colima state on the Pacific coast to begin operations in April 2011.

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