Northern Hemisphere Logistics and Mirage Energy Corp. has signed a $4 billion debt facility with the family office of Bluebell International for the development of natural gas pipelines, underground natural gas storage and the Isthmus Corridor Project.
The company’s pipeline, interconnected with Whitewater Whistler, provides an inexpensive natural gas supply for Mexico through a new 42-inch pipeline to be built from Agua Dulce/ Banquette Hub to Progresso, then into Mexico. From there, natural gas can be stored underground (once developed) or sent to Station #19 on the Sistrangas system, with a 42-inch line going on to Los Ramones and an interconnect to the San Fernando/Cactus line, which would bring natural gas all the way to Nuevo Pemex on the Yucatan Peninsula.
When fully developed, Mirage’s natural gas storage facility will be the largest natural gas storage facility on the North American continent with the ability to hold 786BCF of natural gas, giving Mexico a