It is unlikely the Sur de Texas-Tuxpan natural gas pipeline offshore Mexico will begin operating if state power utility CFE proceeds with arbitration over capacity payments made while the already-delayed project was not operating, sources said. The 2.6 Bcf/d pipeline is being developed by TC Energy and IEnova through their Marina de Golfo joint venture. Marina de Golfo had declared a force majeure during construction and asserted the right to charge CFE for capacity based on the pipeline’s original in-service date. “As long as the arbitration is sub judice — under process — it is unlikely the pipeline will operate until negotiations end,” said a source with legal knowledge of the situation. Analysis: Sur de Texas-Tuxpan pipeline delays pressure Texas gas supply, prices CFE sent Marina del Golfo the arbitration request Monday, requesting the nullification […]