The Public Policy for Mandatory Minimum Stocks of gasoline, diesel and jet fuel has as main objective to strengthen Mexico’s energy security by creating the obligation to maintain minimum stocks of gasoline, diesel, and jet fuel in all regions of the country.
The required minimum volumes are equivalent to 5, 8-9 (9-10 quarterly averages), and 11-13 (12-15 quarterly averages) days of the regional demand, becoming enforceable starting 2020, 2022, and 2025, respectively.
The stocks to be built in order to comply with this public policy must only be used under extraordinary circumstances according to the instructions of Mexico´s Energy Sector Coordinating Council (Consejo Coordinador del Sector Energético).
The Policy for mandatory minimum stocks will be compulsory for all the distributors and traders of oil products with sales to gas stations or final users.
Furthermore, this policy set up the obligation to weekly report oil products statistics, under normal market conditions, and on a daily basis in an emergency, starting in April of 2018. This information will be aggregated and published by the Ministry of Energy with the objective to inform the supply situation in the country. Based on above, the oil market in Mexico will have information in order to support the decision making process of all participants which will strengthen the supply conditions in all regions.
This policy contributes to the modernization of Mexico's storage infrastructure according to the best international practices in this field and triggers investments.