Last updated on March 10, 2017
Mexico City, D.F. — British oil company BP says it will open 1,500 gasoline stations over the next five years in Mexico.
In a press conference, Álvaro Granada, Mexico’s downstream director of the company explained that the first unit was inaugurated in Ciudad Satélite, in the municipality of Naucalpan, State of Mexico at the beginning of March of this year.
He emphasized that the expansion of its stations would occur mainly in the central belt of the country, integrated by the states of the Central and Bajio region of Mexico, although BP’s intention is to reach the entire country.
Paul Augé, vice president of new business for BP Downstream in Latin America, commented that the expansion will take place organically (opening its own stations), but also through the purchase of gas stations in the relevant markets.
During this year alone, BP plans to open 200 service stations, including its own gas stations and company-operated gas stations, as well as through branded and supply contractors. Each station will generate around 50 new jobs.
The group’s vice president said that they will offer a unique product in the country because they will be adding a special additive called ACTIVE to Pemex gasoline which will allow better performance in vehicle engines.
Mexico is the sixth largest gasoline and diesel market globally.