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Wood Mackenzie has been a respected adviser to the energy industry for over 30 years. We combine experience with industry knowledge to provide clients with valuable analysis and unique insights. With its headquarters in Edinburgh, Wood Mackenzie also has offices in London, Houston, Boston, New York, Moscow, Beijing, Singapore, Kuala Lumpur and Sydney and currently employs around 550 people.
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For this position you will be in direct contact with all of Gaz de France subsidiaries in France and abroad. Our group offers many personal development opportunities in the short and mid-term. Your English is fluent.
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President, Aker Geo
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Pemex sees 2007 output dipping
By Upstream staff
Mexican state-run oil monopoly Pemex today estimated its average crude oil production would fall by around 150,000 barrels per day in 2007, in line with an industry report this week.
Pemex said oil sales to the US, its biggest client, would not change, however.
Pemex, a non-Opec member and the world's ninth-largest exporter of crude oil by volume, exported an average of 3.281 million bpd of crude oil in 2006, slightly lower than in 2005 and 2004, Reuters reported.
A Pemex spokesman said output would fall roughly in line with an official forecast in Mexico's 2007 budget that oil exports will slip by 145,000 bpd this year.
"They are linked," the spokesman said.
The estimate is slightly more benign than an International Energy Agency report this week that predicts a roughly 200,000 bpd drop in Mexico's 2007 oil production, as Pemex struggles to replace declining yields at its aging Cantarell oilfield.
The Pemex spokesman denied a report in Mexican daily El Universal today saying Mexico would cut oil exports to the US.
"Crude shipments to the US will not decrease," the spokesman said.
Mexico exports roughly half the oil it produces. Of that, it ships around 80% to the US and the rest to Europe and Asia.
Friday, 19 January, 2007, 22:22 GMT | last updated: Friday, 19 January, 2007, 22:22 GMT
