ENERGY
Utilities Form Mexico Venture: Southern California Edison Co. and San Diego Gas & Electric Co. are working with Mexican holding company Proxima to win approval from the Mexican government to distribute natural gas south of the border. The partnership, called Natural Gas Distribution Co., would be one of the first outsiders to pierce Mexico’s tightly controlled energy sector. The utilities hope to ship natural gas to Mexicali and later to Tijuana. Natural gas is not available in Baja California because no pipelines exist to take it there. The firms expect to evenly split the $75-million cost of such a line.
For the record:
12:00 a.m. Sept. 28, 1995 For the Record
Los Angeles Times Thursday September 28, 1995 Home Edition Business Part D Page 2 Financial Desk 2 inches; 51 words Type of Material: Correction
Natural gas partnership--Pacific Enterprises International, a unit of Los Angeles-based Pacific Enterprises, has agreed along with San Diego Gas & Electric and Mexican holding company Proxima to form a partnership to build and operate natural gas distribution networks in Mexico. A Briefly item in Wednesday’s editions incorrectly identified the partners.
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