MEXICO CITY, May 27, 2003 (Notimex/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- President Vicente Fox will officially begin the construction of 47 offshore platforms during an event today in Veracruz. The works, which are expected to finish 2006, will be part of the most ambitious offshore platform program carried out by Mexico and one of the largest-scale projects in the world.In a press release, Petr?leos Mexicanos (Pemex), reported that the operation of this program would allow it to continue developing hydrocarbon reserves from the offshore oilfield Ku-Maloob-Zaap, as well as the oil from the Crudo Ligero Marino and Lankahuasa projects.Pemex reported that Fox would join Energy Secretary Ernesto Martens Rebolledo, Pemex general director Ra?l Mu?oz Leos, Veracuruz Governor Miguel Alem?n Velasco and the general secretary of the Oil Workers Union Carlos Romero Deschamps, among other officials.This article has been translated by Internet Securities, Inc. as a service to its customers. Internet Securities, Inc. makes no representation or warranty regarding the accuracy or content of the translation.
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