Thursday, April 19, 2018

La. firm’s subsea pipeline to Mexico


Kevin Bordelon Sr., vice president of Crosby Construction Services Inc., a lessee at the Port of Iberia in New Iberia, La., indicated during a POI District Board Commission meeting April 17 that his company was working to build a 42-inch tie-in-spool for a 400-mile undersea international natural gas pipeline between the U.S. and Mexico. It would be the first subsea international gas pipeline between the two countries, according to Bordelon. The project is tentatively scheduled to provide Mexico with 30 percent of its natural gas. Additionally at that meeting, the port authority moved closer to acquiring 106.72 additional acreage, and was considering turning it into an industrial park. Port executive Craig Romero was given authorization to make an offer on the property with Goldman Sachs. (Source: Daily Iberian 04/18/18) More than 100 companies, with a workforce of some 5,000 employees, call the Port of Iberia home.