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English Español Mexico: Shell starts importing fuel for its gas stations

The company will immediately supply 25% of gas at its own sites in the Bajío region, and it expects to supply all its 1,200 sites in Mexico in the next years.

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Author: PetrolPlaza Correspondent Pablo Plaza

Shell Mexico begun importing fuel from the United States for sale in its gas stations in the Bajío region, reports Forbes. The company announced the arrival of a freight train with fuel to a storage terminal in San José Iturbide, Guanajuato.

“Initially, the importation will be by land and later by sea,” said the company in a press release.

Shell Mexico plans call for a 1 billion-peso (US $50.5-million) investment by 2030. “The importation of our own fuel is a fundamental part of our value proposition and represents an essential factor for supporting our growth plans in Mexico over the next 10 years,” said downstream director of Shell Mexico, Murray Fonseca.

Marathon, Exxon and BP are other big companies importing fuel to supply their gas stations network in the Mexican market.

Since former President Enrique Peña Nieto allowed private-sector to participate in the Mexican energy market, new players have come to make up 30% of the retail gasoline market in the country. However, Mexican state-owned petroleum company Pemex still is the main supplier in the country, with 95% share of Mexico’s fuel market.

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