NO. 10


Gulf Crisis

Mexican Oil Production at Capacity, Says Pemex

Mexico is currently producing 2.5mn b/d of crude oil and will not be able toproduce any sizeable amount over that level if war breaks out in the Gulf,according to Mr. Francisco Rojas, Director of Petroleos Mexicanos (Pemex), in astatement to reporters on 30 November. "We could only marginally increasecurrent production of crude, but it wouldn't be an important figure by anymeans. Several years would have...