October 12, 2017 - 9:30 AM EDT
Print Email Article Font Down Font Up Charts

Mirage Energy Corp. (MRGE) on Track to Construct Massive Natural Gas Storage Facility in Mexico

  • Construction of underground 786 BCF natural gas storage facility to be first in Mexico
  • Engineering designs completed for bi-directional natural gas pipelines between Mexico and U.S.
  • Overall demand for natural gas in Mexico expected to grow by 22 percent over next 15 years

Mirage Energy Corp. (OTC: MRGE), a natural gas storage and pipeline company based in Texas, intends to construct a first-of-its-kind massive underground natural gas storage facility with connecting bi-directional transmission pipelines in Mexico. The company has completed the engineering designs and schematics for the transmission pipelines that will run from various border locations in Texas to the company’s storage facility in Mexico. The company and its wholly owned subsidiaries are in the process of applying for and obtaining the necessary permits from the associated regulatory agencies in Mexico and the United States.

Mirage Energy Corp.’s underground natural gas storage facility will, for the first time, give Mexico the ability to balance peak loads by consumers, play price arbitrage on natural gas and create a Mexico Natural Gas hub for gas pricing and stability. The identified facility is a depleted natural gas reservoir with the ability to store 786 billion cubic feet (BCF) of...

Read more »

More from NetworkNewsWire

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
212.418.1217 Office
[email protected]

Source: NetworkNewsWire (October 12, 2017 - 9:30 AM EDT)

News by QuoteMedia

Legal Notice