Tesoro to start supplying fuel in Mexico

Tesoro Corporation has finalized its agreement with Petróleos Mexicanos (Pemex) for terminal and transportation services in Mexico, allowing Tesoro to supply fuel in the Mexican states of Sonora and Baja California.

According to a company release, the company was awarded capacity in the Open Season for Northwest Mexico on the Pemex oil products pipeline and storage terminals.

"The expansion of our strategic footprint to include Northern Mexico strengthens our integrated value chain with significant growth opportunities for our marketing business," said Greg Goff, Chairman, President and CEO.

Tesoro Corporation, to be renamed Andeavor on August 1, 2017, owns logistic businesses and operates 10 refineries and approximately 3,000 retail stations.

Tesoro plans to integrate supply to Mexico with its West Coast Refining and Logistics system and market products under the ARCO® brand, added the release.