Mexico hit by fuel shortages

Mexico

MEXICO CITY, November 1, 2018 – Recent fuel theft incidents and inclement weather have left several Pemex terminals with deficits since last week, affecting fuel retailers, international media reported Thursday.

BP and Total are among those whose stations have been impacted by shortages in at least seven Pemex terminals. Stations in the states of Hidalgo, Mexico and Queretaro, as well as Mexico City, have had insufficient fuel stocks, causing some to close, sources told Bloomberg.

Total has seen problems at 15% of its stations, while 20 stations owned by BP have been affected, the report added.

According to Pemex data, 1,359 illegal fuel taps were identified in August this year, compared to 928 in August 2017.

Read our latest insights on:

• Mexico

Previous

Australia wraps up 2017 offshore awards

Next

Encana to acquire Newfield for $7.7 bln