Puma Energy announces its strategic decision to sell its operations to Repsol Comercial S.A.C in Peru.

Puma Energy leaves Repsol a profitable operation with a portfolio of industrial clients in Lima and its provinces, as well as 26 service stations.

"We are an innovative and agile company; our integrated supply chain allows us the flexibility to take advantage of the opportunities offered by those markets where there is a need to guarantee the supply of quality fuel," says Rodrigo Zavala, Puma Energy’s CEO for the Americas. "That's how we ventured into Peru more than two years ago, a market that at that time presented growth and an interesting potential for the company," continues Zavala.

Currently, Puma Energy is present in 12 countries in the Americas, where it has consolidated itself in key sectors such as: aviation, industrial supply and retail, with a network of more than 1,300 service stations with top-tier quality gasoline. It is growing strongly with a differentiated offer of Puma Lubricants and PumaGas, liquefied petroleum gas (LPG).

About Puma Energy

Puma Energy is a global integrated midstream and downstream oil company active in 49 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 8,400 employees. Headquartered in Singapore, it has regional hubs in Johannesburg (South Africa), San Juan (Puerto Rico), Brisbane (Australia) and Tallinn (Estonia).

Puma Energy owns and operates a network of 104 storage terminals, with a total capacity of 7.6 million m3, as well as more than 3,100 retail sites in Latin America, Africa and Asia Pacific and is present at 79 airports.

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 optimizes 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 wide range of refined products, with additional product offerings in the lubricants, bitumen, LPG and marine bunkering sectors. Puma Energy also provides a robust platform for independent entrepreneurs to develop their businesses, by providing a viable alternative to traditional market supply sources.

About Repsol

Repsol is one of the top companies in the oil and gas industry. Repsol is present across the entire value chain: exploration and production, transformation, development, and marketing of energy that is efficient, sustainable, and competitive for millions of people.