Trafigura Beheer B.V, one of the world’s largest independent commodity traders, has completed the sale of a 20% stake of subsidiary Puma Energy to Sonangol, the national oil company of Angola for an undisclosed sum.

Puma Energy is a global midstream and downstream oil company managing over 5,000 people in over 30 countries worldwide.

The agreement announced 29th September 2011, is an important first step in Puma Energy’s strategy to open up its capital to strategic and public investors alike.