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Tuesday, 02 December, 2008, 22:10 GMT | more >>

Mexico oil port reopens after rough ride


Wire services
Photo by AP


The Mexican port of Cayo Arcas on the Gulf of Mexico coast - one of the country's three main oil exporting ports - has reopened after being closed the previous day due to rough weather.

All other Mexican ports including Dos Bocas and Coatzacoalcos, the other two key crude ports in the Mexican Gulf, where Hurricane Gustav blew strong winds and rain into Louisiana, were also open, the communications and transport ministry said on its website.

Together the three Gulf oil ports ship about 80% of Mexico's oil exports, most of which goes to US refineries.

Gustav weakened to a Category 1 storm yesterday after roaring ashore in Louisiana near a key logistical port that supports many US drilling operations in the Gulf of Mexico.

Mexico is the world's No. 10 exporter of oil, according to the US Energy Information Administration, and a major US supplier.

State oil monopoly Pemex says its export volumes are rarely hurt by temporary port closures, as it reschedules delayed shipments once the weather clears, reported Reuters.


Tuesday, 02 September, 2008, 01:39 GMT  | last updated: Tuesday, 02 September, 2008, 01:43 GMT

Water from the Gulf of Mexico hits the bottom of an empty fishing platform: after rough weather caused by Hurrican Gustav swept the country
 

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