Trafigura’s Puma Energy to sell Myanmar business to local private company

TRAFIGURA’S Puma Energy, which is the main supplier of aviation fuel in Myanmar, has signed an agreement to sell its stake in Myanmar to a local private company, according to the official statement on 5 October. Following a board decision to exit Myanmar earlier this year, Trafigura’s Puma Energy has signed an agreement to sell […]

Fuel Storage Terminal with US$92m FDI to Start Operation at Thilawa Port

The first and largest fuel storage terminal in Myanmar, which has involved US$92 million of investment, opened during the first week of May, said officials from Puma Energy Asia Sun (PEAS). The storage terminal will begin operation at Thilawa port in Yangon, and is a joint-venture between Puma Energy and Asia Sun Energy. Puma Energy, […]