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Economy & Business - September 2021

MEXICO: New state-owned gas distributor unlikely to solve high prices

Gas Bienestar (‘wellbeing gas’), a new state-owned company that will distribute liquified petroleum gas (LPG) for household consumption, began operations on 27 August. The company was set up by Mexico’s state oil company Pemex and its subsidiaries Mex Gas International and MGI Trading, which have in turn subcontracted MGI Asistencia Integral –another subsidiary - to operate Gas Bienestar.

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