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Jesus Berumen, PA Mexico energy expert, is quoted in an article in El Financiero. The article discusses the recently announced liberalization of gasoline prices in Mexico.
Commenting on the topic, Jesus states: “In Mexico, the owners of the Pemex franchise earn a margin of 6.5 percent per liter of fuel sold, more than double that in other countries like the United States, where the margin is between one and three percent.”
Jesus concluded: “The margins of commercialization of a liter of gasoline in the international market are much lower, but there are markets that are much more competitive and seek to create cross-selling.”