May 8, 2017 / 4:51 AM / 2 months ago

BUZZ-Puma Energy Asia Sun launches oil products' terminal in Myanmar

1 Min Read

** Puma Energy Asia Sun, a joint venture between Puma Energy and Asia Sun Energy, launches its petroleum products terminal at Thilawa port in southeast Yangon, a company statement says

** The investment, worth $92 million, in Myanmar has a fuel storage capacity of 91,000 metric cubes

** The import terminal is for oil products such as gasoline, diesel, fuel oil, jet fuel and bitumen

** Puma Energy is majority owned by Trafigura Group, with Angola's state oil company Sonangol Holdings also having a stake in the former

** Asia Sun Energy is a logistics and fuel trading company in Myanmar (Reuters Messaging: lipeng.seng.thomsonreuters.com@reuters.net)

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