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Mexico unleashes gas stations from Pemex

Friday, April 1, 2016


For the past eight decades, Mexican drivers have had only one choice of filling stations: state oil firm Pemex. But that is going to change in coming months as the country’s first privately branded gasoline stations open for business.

Starting Friday, Mexico will allow private companies to import gasoline for the first time since the late 1930s, which had since been the exclusive domain of Pemex.


Source: Wall Street Journal