Valero Energy signs a long-term agreement to supply refined products to northern Mexico

According to foreign media reports, Valero Marketing and Supply Mexico, an indirect wholly-owned subsidiary of Valero Energy, the largest refinery in North America, announced in San Antonio on the 21st that the company has signed a long-term agreement to supply refined products
directly to northern Mexico through a pipeline and NuStar Energy's recently announced terminal expansion in Nuevo Laredo, Mexico.

The deal adds to Valero Energy's existing infrastructure to supply northern Mexico and improves the efficiency
of fuel delivery to the region.
Valero Energy expects to begin deliveries of finished oil
through this expanded facility by the end of the year.

Simmons, senior vice president of marketing and supply Mexico at Valero, said: "This agreement is another step
in our strategy to expand Valero Energy's supply chain.
This transaction, combined with our agreement to supply refined products to central Mexico, demonstrates our commitment to efficiently supply gasoline and diesel to the growing Mexican market and will further strengthen our distribution operations, including branded sales
.
" ”

In August 2017, Valero Energy announced a long-term agreement with IEnova, a Mexican energy infrastructure company, to import refined petroleum products in the newly built Port of Veracruz for distribution to central
Mexico.