Latin America

Mexico's Pemex forecasts 6.7 pct drop in crude production in 2014

Pemex said Friday it expects its crude output to fall by 6.7 percent in 2014 compared to last year, attributing the result to measurement improvements.

EFE
01/09/2014 16:46
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Mexican state-owned oil company Petroleos Mexicanos said Friday it expects its crude output to fall by 6.7 percent in 2014 compared to last year, attributing the result to measurement improvements.

 

The head of Pemex's exploration and production division, Gustavo Hernandez, said production will fall from 2.52 million barrels per day in 2013 to 2.35 million bpd at the close of 2014.

 

 

 

 

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