Breaking News

Sun Hung Kai's Thomas Kwok Sentenced to 5 Years in Jail

Pemex Closes Third Crude Export Port in Gulf of Mexico

Petroleos Mexicanos, Latin America’s largest crude producer, closed its third crude-export terminal in the Gulf of Mexico because of strong winds and high waves.

The company’s smallest terminal at the port of Dos Bocas was shut, according to a weather bulletin posted on the website of Mexico’s Merchant Marine today. The ports of Cayo Arcas and Coatzacoalcos were closed earlier today.

Mexico, the third-largest supplier of oil to the U.S. after Canada and Saudi Arabia, exported about 1.36 million barrels of crude a day in 2010, according to Energy Ministry statistics. About 84 percent of the crude went to the U.S.

Pemex, as the national oil company is called, exported 907,490 barrels a day from Cayo Arcas, 241,726 barrels a day from Coatzacoalcos and 179,247 barrels a day from Dos Bocas last year, according to the Energy Ministry.

To contact the reporter on this story: Carlos Manuel Rodriguez in Mexico City at

To contact the editor responsible for this story: Dale Crofts at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.