Mexican oil trade volume reaches new historic peak

Oct 04, 2005 02:00 AM

Mexican oil trade surplus in the first eight months this year reached a new historic peak, amounting to $ 14.67 bn, up 26 % as compared with that of last year, Mexican National Petroleum Corporation said.
From January to August in 2005, the total foreign exchange earned through the export of crude oil, petroleum products, oil and chemical products and natural gas amounted to $ 19.895 bn while imports of natural gas and chemical products totalled $ 5.227 bn.

The total income from foreign trade in petroleum and oil products in the first eight months increased by $ 5.26 bn from the same period last year, said the statement. The statement also said that in the first eight months, Mexican National Petroleum Corporation exported 1.8 mm barrels of crude oil a day, earning $ 17.815 bn, up 34.7 % in comparison with that of the same period last year.
Meanwhile, $ 1.852 bn of gasoline, aviation fuel and diesel oil were exported while imported petroleum products stood at $ 4.219 bn.

The exports and imports of oil and chemical raw materials totalled $ 0.22 bn and $ 60.5 mm respectively.
Also in the same period of time, Mexico imported $ 0.95 bn of natural gas, down 14.8 % from that of the same period last year which stood at $ 0.947 bn.

Source: Xinhua
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