Coastal Group's first venture into onshore gas processing, the Perdiz Plant, built to serve the Mexican oil & gas sector.
Area of Operations : Ixachi field, Veracruz, Mexico (largest onshore discovery in Mexico in over 25 years with reserves of over 1.3bn barrels of oil equivalent).
Tenure : 32 months with options to extend
Commence : since July 2021
Capacity : up to 180mmscf per day
Natural Gas, a Growing Demand
Natural gas tends to burn cleaner relative to other types of fuel and is considered more friendly to our environment. Its heating value is also higher than other fuels, making it more cost efficient in generating electricity.
The demand trend of natural gas in Mexico is expected to increase mainly due to the development of industries and growth in electricity demand using natural gas as a power generation source.