Friday 20 May 2022

Gas revolution planned for Northern Triangle

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20 May 2022 - At The Banks - BCCR

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A plan unveiled last month in Mexico that focuses on the need to develop the economies of Guatemala, Honduras and El Salvador, collectively known as the Northern Triangle of Central America, sees natural gas as a key driver of development.

The central part of the plan is a 370-mile gas pipeline that would run south from Coatzacoalcos, also known as Pajaritos, on Mexico’s Gulf Coast, to Salina Cruz on the Pacific Coast, Natural Gas Intelligence reports, then south to Guatemala.

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From there it would head further south through El Salvador before moving north to the Honduran industrial capital, San Pedro Sula, and the port of Cortés on the Atlantic Coast.

A SU$1.2 billion liquefied natural gas (LNG) liquefaction plant and an associated combined-cycle 300 MW power plant is set to be developed at Córtes, while an interconnection between the Central American electricity system and Mexico is also slated.

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