Puma Energy, the globally integrated midstream and downstream energy company, announced that it has signed a purchase agreement with BP to buy its bulk storage fuel terminal in Belfast, Northern Ireland. The addition takes Puma Energy’s global network of bulk storage terminals to 100, culminating in a total storage volume of 7.9 million m3 of storage capacity. This acquisition builds on the purchase of the 1.4 million m3 capacity Milford Haven Terminal in 2015, further supporting Puma Energy’s growth within the European Market, and helping to ensure high quality, reliable fuels supply to Northern Ireland.

The Belfast Terminal provides storage for gasoline, distillates and aviation fuels, with road gantry loading facilities and a Jetty Berth capable of handling MR class vessels. The site comprises 20 bulk fuel storage tanks with a working capacity of ca. 143 000 m3. The 53 acre former refinery site is located between George Best Belfast City Airport and Belfast Harbour in NI. The refinery was opened in 1964 and converted to a Terminal in 1982.

Puma Energy has a wealth of experience in the construction, maintenance and operation of terminals and offshore mooring systems to the highest international standards. Commenting on the acquisition, Puma Energy’s CEO Pierre Eladari said, “This deal marks an additional milestone in the growth of our business, further supporting Puma Energy’s positon as one of the largest independent, integrated midstream and downstream companies operating today”.

About Puma Energy

Puma Energy is a global integrated midstream and downstream oil company active in over 45 countries. Formed in 1997 in Central America, Puma Energy has since expanded its activities worldwide, achieving rapid growth, diversification and product line development. The company directly manages over 7,650 employees. Headquartered in Singapore, it has regional hubs in Johannesburg (South Africa), San Juan (Puerto Rico), Brisbane (Australia) and Tallinn (Estonia).

Puma Energy entered the African market in 2002, and is today recognised as the fastest growing, independent mid- and downstream oil provider on the continent, present in 19 markets. Since 2002, Puma Energy has invested over US$2 billion in Africa and last year alone added 350 million litres of storage capacity to the 900 million litres it already had in the region.

Puma Energy’s core activities in the midstream sector include the supply, storage and transportation of petroleum products. Puma Energy’s activities are underpinned by investment in infrastructure which optimises supply chain systems, capturing value as both asset owner and marketer of product. Puma Energy’s downstream activities include the distribution, retail sales and wholesale of the full range of refined products, with additional product offerings in the lubricants, bitumen, LPG and marine bunkering sectors. Puma Energy currently has a global network of over 2,300 retail service stations. Puma Energy also provides a robust platform for independent entrepreneurs to develop their businesses, by providing a viable alternative to traditional market supply sources.