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To: Taki who wrote (112329)1/28/2003 2:55:03 PM
From: Taki  Read Replies (1) | Respond to of 150070
 
MOAT.04(COMTDomestic natural gas price increased 51% in 2002
B: Domestic natural gas price increased 51% in 2002

Mexico, Jan 28, 2003 (El Economista/SABI via COMTEX) -- The price of natural
gas for domestic use increased by 51% between January 2002 and January 2003,
while the price for industrial users increased by 97%, which has had an effect
on Mexico's competitiveness. Hector Olea, president of Tractebel, says that the
increases are a result of increases in international prices, although he expects
that this trend will reverse in the next few months, as summer approaches, and
prices follow their annual cycle.

Copyright (c) 2003, South American Business Information, All rights reserved.

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INDUSTRY KEYWORD: Natural Gas
EVENT: Prices
Market Trends