Gas Natural Mexico
Sector: Natural Gas • Location: Nuevo León, Mexico
Source: World Bank Group
Gas Natural Mexico was awarded a concession to distribute gas in Monterrey in Apr. 1998. It also obtained two other distribution concessions: one for Bajio in Jan. 1999 and another for Bajio Norte in Jan. 2000. The main sponsor was Repsol.
The company committed to invest US$184.1 million in its Monterrey's concession area, US$ 27.1 million in Bajio and US$ 34.6 million in Bajio Norte to devel
- Status
- Prospective
- Sector
- Natural Gas, Commercial, Government
- Location
- Nuevo León, Mexico
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Gas Natural Mexico was awarded a concession to distribute gas in Monterrey in Apr. 1998. It also obtained two other distribution concessions: one for Bajio in Jan. 1999 and another for Bajio Norte in Jan. 2000. The main sponsor was Repsol. The company committed to invest US$184.1 million in its Monterrey's concession area, US$ 27.1 million in Bajio and US$ 34.6 million in Bajio Norte to develop and expand the distribution network during the first five years of each concession contract. The consortium commited to achieve a coverage of 685,151 customers by the fifth year (Bajio - 72,384 users; Bajio Norte - 55,715 users; Monterrey - 557,052 users). The company funded its investment with internal funds. In 2003 the company committed to invest US$600 million by 2007 to expand distribution capacity. The company will invest US$600 million by 2007, or roughly US$120 million each year from 2003 until 2007. |
Original sector | Energy |
Procurement method | |
Budget |
Location
Country | Mexico |
State | Nuevo León |
Source
Source reliability | High |
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Natural Gas, Commercial, Government |
Article published date | 2023-02-20 |
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