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>

<< Sep 2017 >>
MTWTFSS
28 29 30 31 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 1

INMEX SMM India 2017

Combining the forces of Maritime industry’s two biggest events, the unified edition of INMEX SMM India brought together the most exclusive…

read more >

LIQUEFACTION OF BULK CARGOES SEMINAR

GET TO GRIPS WITH:
– Mechanisms behind liquefaction
– Guidelines and regulations for bulk cargoes prone to liquefaction…

read more >

Seatrade Offshore Marine & Workboats Middle East

The largest event for offshore marine and workboat sectors in the region, Seatrade Offshore Marine & Workboats Middle East will, once again, serve as a meeting point for international industry professionals to come together and do business. Our 2017 show promises a wealth of networking opportunities, high-level discussions in our conferences on important industry trends, […]

read more >

The Future-Ready Shipping Conference 2017

The Future-Ready Shipping Conference 2017 – the joint Singapore-IMO International Conference on Maritime Technology Transfer and Capacity-Building…

read more >