Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
Oil

Mexico completes purchase of 670 fuel trucks as shortages continue across several states

Energy | LNG | Natural Gas | Oil | Crude Oil | Refined Products | Gasoline

Washington, Beijing trade dispute escalation spooks markets; analysts expect little change in crude flow from US to China

Oil

Platts Rigs and Drilling Analytical Report (RADAR)

NGL | Oil | Crude Oil | LPG | Oil Risk | Petrochemicals

Platts University New York

Bunker Fuel | Oil | Crude Oil | Refined Products | Shipping | Marine Fuels

Trade tariffs seen muting IMO 2020 impact for US refiners

Mexico completes purchase of 670 fuel trucks as shortages continue across several states

Mexico City — The Mexican government said Thursday it had closed the purchase of 670 distribution trucks as fuel shortages continue in several states amid its fight against fuel theft.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The trucks will be able to move 144,000 barrels of refined products, President Andres Manuel Lopez Obrador said in a webcast press conference.

"The expedited purchase of the trucks will help greatly help us over the coming months," Lopez Obrador said.

The total cost of the trucks is $92 million. The first 58 vehicles will be delivered in the coming days, 140 will arrive in February and the full fleet will be in Mexico by the end of March.

The government is looking to reinforce Mexico's fuel logistics system in an effort to avoid disruption amid pipeline shutdowns aimed at fighting gasoline siphoning.

Pemex only has 1,400 fuel trucks with a combined capacity of 176,000 barrels. Trucks moved 12% of Mexico's refined products in 2017 and pipelines 76%.

Several states in western-central Mexico continue to see acute fuel shortages after the government began shutting down pipelines on December 27 to fight theft.

According to the government of Guanajuato, only 30% of the 600 retail stations in the state are operational, although that is twice the number of stations that were open a week earlier.

The situation in Guanajuato has improved as more retail station owners have begun importing their fuel via rail from Texas, according to the state government.

In Guadalajara, Mexico's second largest city, only 15% of the city's 500 retail stations were open, according to Enrique Alfaro, governor of the state of Jalisco.

According to the government of Michoacan, only 20% of the 350 stations in the state are open.

Meanwhile, in the Valley of Toluca in the state of Mexico, only 30% of the 193 retail stations in the region are open, according to the local government.

-- Daniel Rodriguez, daniel.rodriguez@spglobal.com

-- Edited by Keiron Greenhalgh, newsdesk@spglobal.com