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    market news

    Fire at Pemex Natural Gas Facility Damages Plant, Kills 26

    Charlotte McLeod
    Sep. 19, 2012 02:06PM PST
    Oil and Gas Investing

    Reuters reported that an explosion and fire at a Mexico-based Petroleos Mexicanos (Pemex) natural gas facility left at least 26 people dead on Tuesday. Though parts of the plant were heavily damaged, the company said gas imports from the United States have not been affected.

    Reuters reported that an explosion and fire at a Mexico-based Petroleos Mexicanos (Pemex) natural gas facility left at least 26 people dead on Tuesday. Though parts of the plant were heavily damaged, the company said gas imports from the United States have not been affected.

    As quoted in the market news:

    Pemex’s top executive said the fire appeared to be an accident.

    Parts of the plant were reduced to a mangled wreckage of twisted, charred tubing, the earth beneath scorched black. Soldiers stood guard with assault rifles at the entrance.

    Four of those killed on Tuesday were Pemex staff, and the other 22 were contract workers, the company said. Seven workers were still missing, while 28 people were hospitalized, two in serious condition, Pemex said.

    Click here to read the full Reuters report.

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