New gas station with a “low cost” model would arrive in Chile: What company is it?

What happened?

The company of Spanish origin Petroprixwhich is characterized by having a low-cost gas station model, would arrive in Chile.

“We are taking on new challenges and the main one will be to export our model to Portugal and American countries such as Panama and Chile. In America, Petroprix will face the cultural change of self-service at gas stations, since currently the conventional refueling service is still used in these countries. “, is one of the messages that the company has shared on social networks.

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In Spain, it has a business model in which they work without franchise, with self-service, they are installed on the outskirts of cities and do not have storeswhich allows prices to be more economical for consumers, reported DF MAS.

What would the installation of Petroprix in Chile be like?

According to the Spanish media El Economista, Manuel Santiago, CEO of the Petroprix group, explained that in Chile they have the goal of opening 20 gas stations during the year 2024, in addition to installing their Wipay payment system.

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According to DF MAS, in Chile there is already a group of executives working for the Petroprix company.

Additionally, they reported that national authorities have met with senior managers of the company, according to what platforms report on the Lobbying Law in Chile.

According to the above, meetings have been held with authorities from the Superintendency of Electricity and Fuels (SEC) and the Financial Market Commission (CMF).

The aforementioned media also detailed that Petroprix would arrive in Chile with a different business model and although it could install service stations from scratch, there would also be the option of acquiring gas stations that closed after the social outbreak and that can be recovered.