Bloomberg News

Tropical Storm Nate to Hit Veracruz as Two Terminals Reopen

September 11, 2011

(Updates with comments from Veracruz spokesman in third paragraph, status of oil export terminals in fifth.)

Sept. 11 (Bloomberg) -- Tropical Storm Nate is about to make landfall north of Barra de Nautla in the Mexican state of Veracruz and is forecast to weaken and dissipate by tomorrow.

Nate, with top winds of 45 miles (75 kilometers) per hour, down from 60 mph earlier today, is moving west at 9 mph, and is expected to continue on that path today, according to a U.S. National Hurricane Center advisory at 11:50 a.m. New York time. The storm is 10 miles from Barra de Nautla, and about 55 miles southeast of Tuxpan, Mexico.

“We haven’t had damages yet, everything is pretty calm,” said Saul Miranda, a spokesman for the Veracruz weather center. “No areas have been evacuated and all roads remain open.”

The government of Mexico replaced the hurricane warning from Tuxpan to Veracruz with a tropical storm warning, according to the U.S. National Hurricane Center. The storm is forecast to weaken to a tropical depression as the center moves inland and to dissipate by tomorrow, according to the website.

Mexico reopened oil export terminals in Dos Bocas and Frontera in the Gulf of Mexico, the country’s Merchant Marine said in a bulletin today on its website. Terminals in Cayo Arcas and Isla del Carmen remain closed since yesterday, while the port in Tuxpan was closed today.

The storm has prompted Petroleos Mexicanos, Latin America’s largest oil producer, to “defer” 178,700 barrels of crude output from offshore facilities and close two ports and evacuate five offshore platforms.

The Gulf is home to 27 percent of U.S. oil output and 6.5 percent of natural gas production. Four production platforms are shut, or 0.7 percent of the 617 crewed structures, the Bureau of Ocean Energy Management, Regulation and Enforcement said Sept. 9.

--Editors: Steven Crabill, Sylvia Wier

To contact the reporter on this story: Camila Russo in Buenos Aires at crusso15@bloomberg.net

To contact the editor responsible for this story: Sylvia Wier at swier@bloomberg.net


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