August 17, 2017 / 6:17 PM / in a year

Glencore to start importing fuel for Mexico's domestic market in Feb - oil chief

MEXICO CITY, Aug 17 (Reuters) - Trading firm Glencore expects to start importing fuel for Mexico’s domestic market in February 2018 through its own terminal in the southern state of Tabasco, the head of the firm’s oil division, Alex Beard, said on Thursday.

The executive said the fuel will be ultimately sold by a large network of gas stations operated in a distribution partnership with Mexico’s Corporacion G500. The first gas station under the new brand was inaugurated on Thursday.

Reporting by Ana Isabel Martinez, written by Marianna Parraga

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