LATIMES/ Tracy Wilkinson /
The kidnapping of 5 Pemex workers in May along with 30 others is terrorizing the oil community and has crippled operations in the Burgos Basin, Mexico's biggest natural gas fields. The Burgos Basin lies across the increasingly violent border state of Tamaulipas, where the Gigante No. 1 plant is located, and into the states of Nuevo Leon and Coahuila. "In the Burgos project, there are areas we cannot access," said Carlos Morales Gil, Pemex's director of exploration. It is estimated that stolen natural gas and delayed gas production have cost Pemex nearly $50 million in just the first five months of this year.
Popular Posts
- VENEZUELA: China Will Help Finance 3 New Power Plants For $520 Million In Oil.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- POLAND: Palikot Already Stirring The Parliamentary Pot...With Request To Remove Crucifix.
- BRASIL: The Drug Crack Invades Slums...So-Called "Cracolandias."
- COLOMBIA: Santos OKs Destruction Of Rebel Houses.
- ITALY : Death And Disaster In Genoa Port; Cargo Ship Takes Out Control Tower; 7 Dead, 4 Injured.
- HONDURAS : 4 Nov. UPDATE: 176 Police Arrested For Corruption; Lobo Sacks His Top Cops...Sends Troops Into Sula, Tegucigalpa.
- MEXICO : 09 May UPDATE: Gas Tanker Explodes On Ecatepec Highway, Killing 24, Injuring 36.
- CHILE: Navy's Touring Tall Ship...Has Sordid Past.
- GUATEMALA : Background Details In Rios Montt Indigena Genocide Trial.