Engineering, procurement and construction (EPC) contractor Sicilsaldo has secured an €80mn contract for a gas pipeline project in Mexico, with the backing of Italian export credit agency Sace.
“Sace has backed 80% of the €80mn”, a spokesperson for Sace tells GTR.
The contract is part of a 560km gas pipeline project that will cross the states of Chihuahua and Sonora. Price tagged at US$560mn, the pipe will have capacity of over 550 million cubic feet.
Sicilsaldo will work on the Salamayuca-Sasabe section of the pipe.