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<a href="http://www.accessmylibrary.com/coms2/summary_0286-13539113_ITM" title="Facts and information about Hurricane Ivan decimates Gulf oil production.">Hurricane Ivan decimates Gulf oil production.</a>
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Hurricane Ivan decimates Gulf oil production.
(From Lloyds List)
Gulf of Mexico oil production remains a third down following damage to infrastructure from Hurricane Ivan and continued shut-in of platforms, writes Martyn Wingrove .
According to the Minerals Management Service, around 500,000 barrels of oil per day in production capacity is shut down, representing 29% of the region's daily output. Around 12.5m barrels of Gulf of Mexico production has been lost so far this year due to hurricanes.
Additionally, 2.3bn cu ft per day of gas production is also shut in because of damaged ...
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