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English Español Repsol México hits 100 sites in its first six months

The company hopes to reach 200 gas stations, 9% of those new-sites construction, by the end of 2019

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Author: PetrolPlaza Correspondent Pablo Plaza

Repsol Mexico now operates 100 gas stations only six months after setting up in the country. The company hopes, however, to double that figure by the end of 2019, in accordance with the objectives set out in its business proposal presented last March. It is expected that 9% of those will be new-sites construction.

The company is now operating in 12 Mexican regions, such as: Veracruz, State of México, Jalisco, South Lower California, Chiapas, City of México, Guanajuato, Tlaxcala, Puebla, Oaxaca, Tabasco and Hidalgo.

Since Repsol started operating in Mexico, its sales in gas stations have risen by 30%, which endorses the quality of services and products offered in their sites. The company has so far carried out around 3,000 quality control inspections of the fuel sold on their forecourts to verify that the supply is up to standard.

The Spanish oil company opened its first sites in Mexico last March, as part of a long-term plan which aims to gain 8-10% of the market share. The initial investment for this initiative was nearly 8 million pesos excluding infrastructure development.

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