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Mexico Shuts Largest Oil Export Terminal

OIL

Pemex shut down the country’s largest oil-exporting terminal, the FPSO Yúum K’ak’ Náab terminal, on Sunday because of a leak, amidst the summer driving season increases demand for crude according to a shipping report.

  • The terminal shut down because of a crude leak in one of its hose trains.
  • Last month, Pemex shut its Salina Cruz terminal after hoses loading a ship were blown off by strong winds, and a company gas platform had an explosion that killed two people.
  • The FSPO and Salina Cruz are expected to resume service later this week.
  • Typically, this time of the year Pemex boosts oil sales to the US to meet demand from the summer driving season.

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