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  • Puma Energy opens new terminals in Mozambique
    édité le 19/11/2015 - Plus de news de "Puma Energy" - Voir la fiche entreprise de "Puma Energy"

Puma Energy opens new terminals in Mozambique
Puma Energy, the global mid and downstream energy company operating in 46 countries across five continents, officially opened two Terminals in Mozambique.

The new Matola Bitumen and Fuel Terminals bring Puma Energy’s total capacity in Mozambique to 275,500m³ - the company’s second largest storage capacity in Africa.

"Puma Energy links local demand with international supply, through investment in infrastructure investment,” explains Christophe Zyde, Chief Operating Officer for Puma Energy Africa. “Mozambique is a very promising market in Africa today. We have confidence in the country’s long-term commercial opportunities as well as the country’s strategic location to answer the supply requirements of Southern Africa."

The new Puma Energy Fuel Terminals boast 11 new storage tanks which have been 12 months in the making, using more than 25,000 tonnes of steel. World-class expertise went into their construction.

Sophonie Babo, General Manager for Puma Energy Mozambique states, "Together with our storage terminals in Beira and Bitumen in Matola completed in May 2012 and June 2014 respectively, the strategic significance of our new 115,000m³ Fuel Terminal reaches well beyond our borders. The Bitumen terminal means that Mozambique is no longer dependent on imports from neighbouring countries and the Fuel Terminal creates a channel for the cost-effective and secure supply of fuel to the Southern African Development Community (SADC) sub-region."

As the new operations get under way, Puma Energy will employ over 77 qualified Mozambican workers. The massive investments that these state-of-the-art terminals have required are a clear indication of the company’s commitment to the sustainable growth of Mozambique.

"Puma Energy’s focus is on integrated midstream and downstream operations which means we can achieve significant economies of scale and operating efficiencies. For Puma Energy’s customers this translates into competitive costs, managed risk, secured supply and seamless delivery," says Babo.

Puma Energy’s presence in Mozambique has undergone a quantum leap with the construction of these new Terminals, inaugurated today by His Excellency, Minister of Energy and Natural Resources Dr. Pedro Conceição Couto.

"We take a long-term view to our entry into any market and anticipate the future growth of these emerging markets. In Mozambique, we have invested in state-of-the-art fuel and bitumen infrastructure and storage facilities. This improves security of supply and acts as a catalyst for economic growth," concludes Zyde.

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 is present in 18 markets in Africa and is recognised as the fastest growing mid-stream and down-stream independent oil provider on the Continent. Since 2012, Puma has invested over USD1.5 billion in Africa and is currently adding 350 million litres (92.5 million gallons) of capacity to the 900 million litres it already has in the region. It should be noted that over 50% of Puma’s ownership is in the hands of African investors.

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 2,200 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.

Origine : Communiqué Puma Energy

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