Jefferson Energy Companies, a subsidiary of Fortress Transportation and Infrastructure Investors LLC, has announced that it is providing ExxonMobil with logistics support for its recent entry into the Mexican market.
ExxonMobil is the first company to provide an integrated product offering along the entire fuels value chain in Mexico.
Unit trains of gasoline and diesel delivered to Central Mexican markets originated at Jefferson’s terminal in Beaumont, Texas, US. The unit train loading was done under an agreement with ExxonMobil. These volumes, originated at Jefferson, were safely delivered through a destination terminal in San Luis Potosi to retail gasoline stations in the Bajio region.
ExxonMobil previously announced its intent to spend US$300 million in fuel logistics, product inventories and marketing in support of Mobil-branded stations and Synergy-branded fuels, and these unit train shipments are part of that programme.
Jefferson Energy CEO and President, Greg Binion, said: “We are excited to be an integral part of the transformation of the Mexican energy sector. Further, we are very pleased that ExxonMobil recognised the operational flexibility and advantages that our terminal provides. As this opportunity in Mexico expands, we plan to continue to enter into other contracts to provide logistics for refined products export to Mexico. We also plan to continue to invest in associated tanks as well as rail and loading infrastructure in order to meet the rapidly growing demands of this market.”
Read the article online at: https://www.hydrocarbonengineering.com/refining/18122017/jefferson-supports-exoonmobil-in-mexico/