Mexico: 80% of gas stations affected by COVID19

Onexpo warns that 8 out of 10 fuel stations in the country are experiencing serious threats to their viability due to the coronavirus.

Onexpo, the largest organization of gas station operators in Mexico, warned through a statement that 80% of the country's fuel stations are experiencing serious threats to their operational and economic viability because of the pandemic caused by Covid-19. The greatest impact would be suffered by small and medium enterprises (SMEs), according to the statement.

Onexpo has requested "that under any circumstances arising from the health emergency and its economic and social consequences, they can continue to operate, to be sources of employment for thousands of people and to serve communities in the short, medium and long term."

Onexpo Nacional, which brings together gas station operators from 32 entities, has proposed to the relevant authorities and national banking institutions, as well as suppliers and customers, a set of measures to support SMEs in the fuel retail market in Mexico. The measures are intended to minimize costs to the consumer, ensure timely supply to meet the emergency, and maintain a minimum of cash flow to allow them to operate safely and preserve jobs.