The Secretary of Energy (Sener) published the outlook for fuels demand for the coming years with positive results in terms of growth. Sener pointed out that the fleet of vehicles will diversify in the coming years, without affecting the gasoline demand.
The Energy Regulatory Commission (CRE) reported the average prices of gasoline in Mexico during June. The upward trend continues, and this behavior may not change in coming months, affecting consumers’ pocketbooks. Import costs are increasing as well.
Representatives of the firm said that they are not worried about AMLO’s energy policies, and even welcomed new infrastructure in Mexico. The development of these and more stories in our periodic Retail summary.
The Mexican government promoted the liberalization of the gasoline market last year and this created the famous ‘Gasolinazo’, generating an increase in prices. Bloomberg conducted a study on the cost of gasoline in 61 countries, and Mexico ‘stands out’ in the results.
Mexico has increased its dependence on gasoline imports in recent years due to Pemex’s operational problems in its refineries. Andrés Manuel López Obrador (AMLO) wants to end this problem and has several plans to achieve it.
With six gas stations in Campeche, BP (LON: BP) announced its arrival in the Yucatan Peninsula. The company already has a significant coverage throughout Mexico. The development of these and more stories in our periodic Retail summary.
On June 21st, Aeropuertos y Servicios Auxiliares (ASA) lost exclusivity to sell jet fuel to airlines that operate in Mexico’s airports, opening the door for different companies to start retailing this fuel in the country.