Crude oil production at Mexico's Pemex up slightly in May

viernes 27 de junio de 2014 17:40 GYT
 

MEXICO CITY, June 27 (Reuters) - Crude production from Mexican state-owned oil company Pemex rose 0.5 percent in May compared with the previous month, the company said on Friday.

Crude oil output in May averaged 2.49 million barrels per day (bpd), according to Pemex data.

Meanwhile, crude export volumes in May rose 6.2 percent to 1.12 million bdp.

In December, Mexico's Congress passed a landmark energy reform that ended Pemex's 75-year monopoly on oil production and aims to lure billions in new private investment to boost output, which has declined for nine consecutive years. (Reporting by David Alire Garcia; Editing by Leslie Adler)