Fernando Ureña Rangel, Manager of Service Stations for Petróleos Mexicanos (Pemex) Refining, said that next year Pemex may lower the price of gasoline at its service stations. He said the company may be able to reduce operating costs and earn extra income by selling other products and services without sacrificing their profit margins by offering fuels at a lower price.
Ricardo Martinez, Manager of Business Development and Marketing for Pemex, said ideas being considered for the company’s 11,000 service stations include electronic payments, new products and businesses such as car washes, hotels and motels, water truck service, and WiFi.
He said that at the beginning of 2015, with the expected increase of 3% to the price of fuel, the price of Magna will be 13.70 pesos per liter, which is the maximum price set by the Treasury, the price Pemex may charge could fluctuate during the year between 11.26 and 13.70 pesos per liter, depending on the discount each service station is willing to offer.
A few service station owners, speaking on condition of anonymity, said this plan by Pemex could lead to a price war in which stations with limited sales may have to close.
(from Vanguardia)
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