We make our debut in the
Mexican fuel market
The Company expects
to end 2018 with 200
in the country
One of Downstream's strategic lines is to internationalize its businesses in order to take advantage of opportunities for growth in new markets. This is exactly what we are doing in the Mexican fuel market. Repsol inaugurated its first ten service stations there in March 2018.
With this milestone, the Company has initiated a long-term project to achieve an 8-10%. market share. Repsol expects to end 2018 with 200 stations in the country. All of them must exemplify the highest standards of quality, trust, and transparency, which characterize our service in every country where we operate.
In María Victoria Zingoni's words, "Mexico has enormous growth potential, which our Company has recognized as a great opportunity and a strategic market. We have a strong interest in participating in logistical infrastructure projects to optimize the fuel supply model in the country. Opening these service stations is merely the first step in a larger strategy that will allow us to play an important role throughout the sector value chain in Mexico."
The Company plans to invest nearly €400 million, demonstrating its intention to become a key player in the Mexican energy market.