Mexico Gas Stations Look to Bypass Pemex as Fuel Crisis Worsens
- BP, Repsol among firms looking to use own trucks, import fuel
- Companies said to be concerned lines could be shut for months
This article is for subscribers only.
Private gasoline retailers including BP Plc and Repsol SA are scrambling for alternatives to state-owned Pemex to supply their service stations in Mexico that are running out of fuel. That could be easier said than done, however.
Companies that have relied on Petroleos Mexicanos for supply could turn to private truckers to carry gasoline and diesel from ports to their stations, according to people with knowledge of the situation. The firms are also evaluating importing fuel by rail and ship. Pemex’s fuel pipelines, shut as part of President Andres Manuel Lopez Obrador’s efforts to rein in fuel theft, are not expected to fully reopen for several months, two of the people said.