Mexico Private Fuel Imports Likely to Grow in 2020

Growing infrastructure investments and a domestic supply shortfall have led to a significant increase for private fuel imports to Mexico in 2019, a trend that will likely continue into 2020.

While Pemex, Mexico’s state-owned oil company, still dominates the country’s market, third-party companies have slowly increased their footprint since the first private imports arrived in 2016.

Refined product imports to Mexico by private companies reached a record high share of…

View entirety: Platts