VOL. XLII

No. 06

8-February-1999

OPEC

Pemex Reports Crude Oil Production Of 3.07B/D For 1998

Mexicos Petroleos Mexicanos (Pemex) has reported that crudeoil production for 1998 averaged 3.07mn b/d as compared with 3.02mn b/d for1997. Crude exports averaged 1.718 b/d for 1998 and 1.721mn b/d for 1997.During 1998, Mexico earned an average of $10.16/barrel, compared with $16.46/Bin 1997. Natural gas production for 1998 declined slightly to 4.79bn cu.ft./day from 4.84bn cu.ft./day in 1997. Pemex said...