International oil giant Puma Energy has bought a former BP fuel terminal in Belfast in a multi-million pound deal. The transaction marks the first venture into Northern Ireland by Puma and is expected to support its growth in the European market.
Puma Energy chief executive Pierre Eladari said: "This deal marks an additional milestone in the growth of our business, further supporting Puma Energy's position as one of the largest independent, integrated midstream and downstream companies operating today." The parties did not reveal the full purchase price.
Puma Energy operates in 47 countries and was formed in 1997 in Central America.
In July last year, the firm expanded, buying an ex-refinery in Milford Haven in Wales, and three inland terminals at Westerleigh, Theale and Bedworth from Murco Petroleum.
It has around 7,800 employees and is now based in Singapore with regional hubs in Johannesburg in South Africa, San Juan in Puerto Rico, Brisbane in Australia and Estonian capital Tallinn. It has a global network of more than 2,468 retail service stations and supplies 62 airports.
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