BP plc has opened its 100th retail station in Mexico, and remains on track to reach its target of opening 500 sites by the end of 2018, the oil major announced recently.
Following its decision to become the first international oil company to enter Mexico’s deregulated fuel retailing market, BP says it has seen ‘strong growth and tremendous demand for its service offering’.
“Mexico is one of the key growth markets for BP and our strong progress here demonstrates the success of our retail strategy to provide high quality fuel, lubricants and convenience offers,” said Tufan Erginbilgic, chief executive of BP Downstream, in a BP statement.
Alvaro Granada, general manager of BP Downstream for Mexico, said she was proud of the company’s progress.
“Over the last nine months we have been working hard on our differentiated offer to customers across Mexico,” Granada said in a company statement.
“We now have 100 stations across 12 states and we will continue to execute on our growth plans, ensuring more and more Mexican consumers can choose BP,” she added.
BP is aiming to open 1,500 retail sites in Mexico by 2021.