Exxon Mobil is opening its first gas stations in Mexico this week as the nation’s largest oil company works to become a major Mexican fuel supplier.
The first eight Mobil-branded stations are opening in the area of the central Mexican city Querétaro. Exxon Mobil plans to open about 50 fueling station in central Mexico within the next three months.
Since Mexico deregulated its energy sector and opened itself to foreign investments, the first international gas stations have begun popping up this year, ending the monopoly held for decades by state oil giant Pemex.
London-based BP opened the first non-Pemex gas stations this spring in Mexico, and Exxon Mobil is saying its now the first to offer integrated fueling services and products.
Exxon also just started sending its first fuel shipments from Texas to Mexico, via private rail terminals in San Luis Potosi and San Jose Iturbide. Exxon will primarily ship fuel from its Texas refineries to Mexico.
“The opening of these first eight Mobil service stations, made possible by Mexico’s new energy policy regime, is a significant milestone for the country and our company,” said Carlos Rivas, fuels director for Exxon Mobil in Mexico.
“We look forward to helping meet the country’s growing demand for energy with a reliable supply of high-quality fuels and a positive customer experience.”