ExxonMobil Corporation has partnered with a retailer Grupo Arsan to open eight Mobil-branded service stations in Queretaro as part of the company’s entry in Mexico’s fuels market. ExxonMobil plans to open 50 Mobil stations in the Bajio region by the end of the first quarter of 2018.
ExxonMobil is the first company to fully leverage Mexico’s new energy model and provide an integrated product offering along the entire fuels value chain. The new Mobil-branded stations will be operated by Grupo Orsan and supplied with gasoline and diesel produced by ExxonMobil’s refineries in Texas.
Fuels will be distributed by rail through two private fuels terminals located in San Luis Potosi and San Jose Iturbide. This is part of ExxonMobil’s long-term commitment to invest $300 million in fuels logistics, product inventories and marketing in Mexico over the next 10 years.
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