AMOCO HIKES GAS SALES TO MEXICO

Amoco Energy Trading, a unit of Amoco Production Co., will sell 35 MMcfd of gas from U.S. Gulf Coast wells to Petroleos Mexicanos unit Pemex Gas y Petroquimica Basica under a 14 month contract. That increases to 70-80% Amoco's share of U.S. term gas sales to Mexico. Amoco's term gas exports enter Mexico through a Texas Eastern Transmission Corp. pipeline from McAllen, Tex., to Reynosa. Amoco at the start of 1993 was exporting 135 MMcfd to Mexico and in mid-August accounted for 50% of

Aug. 30, 1993

Amoco Energy Trading, a unit of Amoco Production Co., will sell 35 MMcfd of gas from U.S. Gulf Coast wells to Petroleos Mexicanos unit Pemex Gas y Petroquimica Basica under a 14 month contract.

That increases to 70-80% Amoco's share of U.S. term gas sales to Mexico. Amoco's term gas exports enter Mexico through a Texas Eastern Transmission Corp. pipeline from McAllen, Tex., to Reynosa.

Amoco at the start of 1993 was exporting 135 MMcfd to Mexico and in mid-August accounted for 50% of U.S. gas sales to Pemex.