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Mexico

Oxxo Gas to Begin Selling Gasoline

Starting this Wednesday, Oxxo Gas will start distributing gasoline and diesel under its own brand name

Oxxo gas station, photo: CAPITAL MEDIA
By Notimex Whatsapp Twitter Facebook Share
1 year ago

MONTERREY, Nuevo León– Starting this Wednesday, Oxxo Gas will start distributing gasoline and diesel under its own brand name. This begins a new stage of energy market competition, in which Petróleos Mexicanos (Pemex) will no longer be the sole option for fueling up.

The director of Oxxo Gas, Rolando Vázquez Carrillo, said in an interview that going forward, “gas stations will improve our brand and our image.” He said that from now on each company in the market will compete to offer better services to the consumer.

Photo: CAPITAL MEDIA

Photo: CAPITAL MEDIA

He said that Oxxo Gas will be regulated under the price established by the Treasury and Public Credit Secretariat (SCHP), until 2018 when gas and diesel prices will enter the open market.

Vázquez Carrillo said that Oxxo Gas plans to convert 50 stations this year, mostly around Monterrey, and eventually will convert 335 gas stations that the company owns.

Up until now, Oxxo Gas has owned service stations where they received gasoline from Pemex and sold it to the consumer under this brand. With the changes under the energy reform, private companies will be able to participate in all parts of the supply chain.

Vázquez Carrillo said that Oxxo Gas is analyzing the potential to integrate into different parts of the supply chain. For the time being, Oxxo will continue supply to Pemex, while the rest of the reforms kick in.

With 20 years of experience, Oxxo Gas is considering extending its services into the center of the country, including the capital region.

ERICK GALICIA LOZANO

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