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LeeHInAlexandria's Blog – September 2010 Archive (1)
U.S. Loaned Mexico $1 Billion — for Gulf Drilling
The U.S. Export-Import Bank, an independent federal agency, loaned more than $1 billion to the Mexican state oil company last year to fund Pemex’s drilling in the Gulf of Mexico.
One $600 million loan financed the development of 18 oil and natural gas fields in the southern Gulf near the Yucatan Peninsula.
A loan worth $300 million funded the construction of oil production facilities in another part of the Gulf, and $150 million went…
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Added by LeeHInAlexandria on September 13, 2010 at 7:14am — No Comments
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