Shell planning to invest US$1 billion in the Mexican gasoline market
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Shell is planning to make an investment worth US$1 billion in Mexico over the next 10 years, to open gas stations, as well as fuel-related infrastructure. The goal of this Anglo-Dutch Company, is to have two-digit market participation rates, within a five to ten year plan. The expectation by the end of this year is to have 12,000 gas stations operating, with an estimated of one or two locations opening each week, whether by converting Pemex outlets into Shell's, or by building new service stations.