October 12, 2017 - 9:30 AM EDT
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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...

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

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