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Page added on March 9, 2008

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Mexico’s main crude oil ports closed, one reopens

MEXICO CITY, March 8 (Reuters) – Two of Mexico’s three main crude oil ports were closed to shipping for a second successive day as bad weather in the Gulf of Mexico caused big sea swells, the government said on Saturday.


The ports of Dos Bocas and Cayo Arcas were shut because of waves in the Gulf of up to 14 feet (4.2 meters), the transport ministry said.


The third main Gulf of Mexico oil port, Coatzacoalcos, reopened on Saturday afternoon, the ministry said. Together, the three terminals ship about 80 percent of Mexico’s daily exports.


Mexico is the world’s No. 9 exporter of crude oil, shipping an average of 1.7 million barrels per day in 2007. It is a top three supplier to the United States.


Reuters



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