Baku, Azerbaijan, March 10
By Leman Zeynalova – Trend:
BP company has officially opened its first retail fuels site in Mexico, said the message posted on the company’s website.
Opened in the Satelite area of Mexico city, the new BP retail site is the first global oil company branded site operating in Mexico, since the country approved deregulation of the fuel retailing market in 2013, according to the message.
Reportedly, BP has plans to open around 1,500 retail sites in Mexico over the next five years, part of its strategic intention to grow its retail business globally.
“We are delighted to be the first international oil company serving Mexican consumers in what is the sixth-largest consumer gasoline and diesel market globally, said BP Downstream chief executive officer Tufan Erginbilgic.
The company plans to open around 200 BP-branded retail sites in Mexico this year including both dealer and company owned-and-operated sites.
It has more than 18,000 service stations in 19 countries around the world
BP has been present in Mexico for around 50 years, starting with lubricant commercialization and distribution.
In the Mexican Energy Reform framework, BP participated in the first tender for deepwater projects and won interests in consortium in two exploration blocks in the Cuenca Salina in the Southeast Basins.
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