Exxon to expand refined products deliveries in Mexico [Seeking Alpha]
Kansas City Southern (KSU)
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Source: Seeking Alpha
Exxon to expand refined products deliveries in MexicoExxon Mobil (XOM-0.5%) says it willexpand its refined products deliveries in Mexico this summer, as it begins supplying greater Mexico City and the states of Coahuila, Nuevo Leon and Puebla.The markets will be supplied via unit train deliveries on the Kansas City Southern system, XOM's Mexico fuel marketing director tellsPlatts.XOM already is delivering refined products by unit train from its 362K bbl/day Beaumont, Tex., refinery as far south as San Jose Iturbide, and will deliver fuel further south, allowing access the heavily populated Mexico City and Monterrey areas.The news follows several other planned projects, as refiners and midstream companies look to grab market share in Mexico;earlier this week, Valero announced a deal to supply Mexico's northern region via NuStar's midstream infrastructure.Click to subscribe to real-time analytics on XOMNow read:ExxonMobil: Going Drilling On Wall Street? »
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