Myanmar Gets Petroleum Products Terminal

Illustration; Image Courtesy: Puma Energy

Puma Energy Asia Sun (P.E.A.S), a joint venture between energy company Puma Energy and logistics and trading firm Asia Sun Energy (ASE), has opened a petroleum products terminal at Thilawa Port, southeast of Yangon, Myanmar. 

The duo invested USD 92 million in the terminal, which is said to be the country’s largest petroleum products terminal. Its storage facilities cater for a range of petroleum products, including commercial fuels, HFO, bitumen and jet fuel.

With a fuel storage capacity of 91,000 cubic meters, Thilawa terminal is the first of its kind for the petroleum industry in Myanmar, according to Puma Energy.

“Puma Energy Asia Sun has invested close to USD 100 million in this vital fuel infrastructure to support the long-term economic development of the country. The Thilawa terminal will support Myanmar’s increasing need for transport fuel and contribute towards the nation’s development,” David Holden, General Manager of Puma Energy Asia Sun, said.

The Puma Energy Asia Sun terminal is also the first in Myanmar to be built to American Petroleum Institute (API), American Society Mechanical Engineering (ASME) and National Fire Protection Association (NFPA) international guidelines for construction, safety and environmental standards, the company added.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jul 2017 >>
MTWTFSS
26 27 28 29 30 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31 1 2 3 4 5 6

Global Liner Shipping Asia Conference

Fight. Survive. Thrive. Respond to challenges of consolidation & disruption at the largest gathering of container shipping industry in Asia…

read more >

Bunkering Week 2017

IBC’s biennial Bunkering Week is back with its successful series of 3 co-located events: 8th Bunkering in Asia, 4th LNG Bunkering and EMTECH: Ship Emissions Technology Conference. With a proven track record of bringing together top decision makers from various industry sectors, this remains the go to event for ship owners, fuel suppliers, traders and […]

read more >

Indonesia Marine & Offshore Expo (IMOX) 2017

Indonesia Marine & Offshore Expo (IMOX) 2017, Batamis an international maritime and offshore industrial event that brings an international…

read more >

Salvage & Wreck Asia

Could your business be affected by shipwreck? Are you a salvage professional or a wreck removal expert? …

read more >