México

Guyana

Trinidad
& Tobago




Very usefull links



PW
Bookstore





News links

AP

AFP

Aljazeera

Dow Jones

Oil price

Reuters

Bloomberg

Views and News
from
Norway

 

 

 

More Mexican gasoline service stations leave Pemex brand


 

By Argus

MEXICO CITY
Petroleumworld 03 04 2019

State-owned Pemex saw 14pc of its retail fuel stations move to other brands in 2018, although it continues to supply gasoline and diesel to most of Mexico's roughly 12,500 retail stations.

Pemex which was the country's only retail fuel brand before its 2014 energy reform had 9,930 stations as of 31 December after 1,656 of its stations switched to other brands last year, according to the company's fourth-quarter results.

The brand switching has accelerated from 2017, when Pemex saw 2.4pc, or 278, of its stations switch to other brands compared with the previous year. In 2016 Pemex grew the number of retail fuel stations by 3.3pc to 11,578 stores.

Out of the Pemex-branded retail fuel stations in 2018, 9,884 are private franchises and 46 are owned directly by Pemex.

Pemex supplies another 2,006 stations that operate under other brands, meaning it continues to supply the majority of Mexico's retail fuel stations.

BP, Exxon and Chevron are the three largest international retail operators in Mexico. Oxxo, Hidrosina and G-500 are the top three domestic retail fuel brands after Pemex.

ExxonMobil is one of a few companies that has developed a separate fuel supply network for its 178-unit and growing network of retail stations. Fuels are exported to Mexico directly from its refineries in Texas.

The company sent 90 unit trains carrying fuels from November to January into Mexico to storage terminals located in San Jose Iturbide, Guanajuato; San Luis Potosi and Salinas Victoria in Nuevo Leon; and Tula in Hidalgo. Its stations, which operate under the Mobil brand, had steadier supplies during fuels shortages caused by government anti-fuel theft efforts in December and January.

BP, the first private company to open a non-Pemex retail fuel station in 2016, opened its 400th unit late last year, has added 50 since then, and aims to open 1,500 by 2021.

Chevron has now opened 140 retail fuel stations after opening its 100th retail fuel store in November of last year.

Swiss-based commodity trader Glencore is also a major private importer of fuel in Mexico, with almost 18,500 b/d imported in January which it plans to sell to a growing network of G-500 branded station.

Oxxo opened more than 100 stations in 12 months through September.


________________________


We invite you to join us as a sponsor.

Circulated Videos, Articles, Opinions and Reports which carry your name and brand are used to target Entrepreneurs through our site, promoting your organization’s services. The opportunity is to insert in our stories pages short attention-grabbing videos, or to publish your own feature stories.

________________________

 

Story from Argus Media.

argusmedia.com 02 28 2019

 

Hit your target - Advertise with us

PW 300.000 plus request per week

Copyright© 1999-2019 Petroleumworld or respective author or news agency. All rights reserved.

We welcome the use of Petroleumworld™ (PW) stories by anyone provided it mentions Petroleumworld.com as the source.

Other stories you have to get authorization by its authors. Internet web links to http://www.petroleumworld.com are appreciated.

Petroleumworld welcomes your feedback and comments, share your thoughts on this article, your feedback is important to us!

We invite all our readers to share with us
their views and comments about this article.

Write to editor@petroleumworld.com

By using this link, you agree to allow PW
to publish your comments on our letters page.

Any question or suggestions,
please write to: editor@petroleumworld.com

Best Viewed with IE 5.01+ Windows NT 4.0, '95,
'98,ME,XP, Vista, Windows 7,8,10 +/ 800x600 pixels

Twitter: @petroleumworld1


 

TOP

Contact: editor@petroleumworld.com,

Editor & Publisher: Elio Ohep/
Contact Email: editor@petroleumworld.com

CopyRight © 1999-2019, Paul Ohep F. - All Rights Reserved. Legal Information

PW in Top 100 Energy Sites

CopyRight©1999-2019, Petroleumworld   / Elio Ohep - All rights reserved

 

 

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission fromPetroleumworld or the copyright owner of the material.