NET Mexico Gas Pipeline
|This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.|
NET Mexico Gas Pipeline, also called the Agua Dulce Pipeline, is an operational natural gas pipeline.
The pipeline runs from Nueces County, Texas, to Rio Grande City, Texas.
- Owners: NextEra Energy Holdings (90%), MGI Enterprises (10%)
- Current capacity: 2100 Million cubic feet per day
- Proposed capacity: Million cubic feet per day
- Length: 124 miles / 200 km
- Status: Operating
- Financing: US$664 million in debt financing from MUFG, BBVA, Crédit Agricole, ING, Natixis, NordLB, Royal Bank of Canada and Santander
- Start Year: 2014
NET Mexico transports gas from the Agua Dulce Natural Gas Hub in Nieces County, Texas, to a point near Rio Grande City, Texas. The system supplies gas to Mexico from the Eagle Ford Shale Oil Field.  On the Mexican side of the border, the project includes 1,247ft of 48in-diameter pipeline, allowing NET Mexico to connect with Mexico's Gasoducto Los Ramones.
In 2015, NextEra Energy Partners acquired NET Midstream giving it 90% ownership of the pipeline alongside PEMEX subsidiary MGI Enterprises with 10% ownership.
Prior to its commissioning, in 2013 the project received US$664 million in debt financing from MUFG, BBVA, Crédit Agricole, ING, Natixis, NordLB, Royal Bank of Canada and Santander. In July 2016, the new owners NextEra Energy Partners and MGI Enterprises secured US$640 million in refinancing for the project from Bank of Tokyo-Mitsubishi UFJ, Canadian Imperial Bank of Commerce, ING, Caixabank, NordLB, Société Générale, Santander, Helaba and Banco Sabadell.
Articles and resources
- NET Mexico Gas Pipeline, A Barrel Full, accessed September 2017
- NextEra Energy Partners, LP completes the acquisition of natural gas pipelines in Texas, PR Newswire, Oct. 15, 2020
- Agua Dulce Pipeline (200KM), IJGlobal, accessed Aug. 18, 2020
- NET Midstream Announces 124-mile, 42" Eagle Ford Shale Pipeline System to Mexico and Award of Long Term 2.1 Bcf/d Transportation, Killajoules, accessed January 2018
- "NET Mexico Pipeline Project, Texas - Hydrocarbons Technology". Hydrocarbons Technology. Retrieved 2020-08-14.
- "IEnova's $500M Los Ramones II Pipeline Deal Receives Mexico Competition Committee Green Light - Natural Gas Intelligence". Natural Gas Intelligence. November 14, 2017.
- Agua Dulce Pipeline (200KM) Refinancing, IJGlobal, accessed Aug. 18, 2020