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Hyundai Oilbank signs oil supply deal with Mexican firm

All Headlines 10:45 October 03, 2018

SEOUL, Oct. 3 (Yonhap) -- Hyundai Oilbank Co. said Wednesday that it has signed a long-term contract with a Mexican state-owned firm to supply gasoline.

Under the deal with PMI, the trading arm of Mexican state-owned Pemex, the South Korean oil refiner will supply 2.1 million barrels of gasoline during the first half of next year.

Hyundai did not give specifics on the deal, including the value, just saying that the contract will help it venture into other Latin American countries.


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