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

46f69 sskm
The picture shows an aviation fuel servicing tanker of Puma Energy Asia Sun (PEAS).

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 its stake in Puma Energy Asia Sun (PEAS) and National Energy Puma Aviation Services (NEPAS) to a locally owned private company.
National Energy Puma Aviation Services Company (NEPASC), a joint venture between Singapore-based Puma Energy and state-owned Myanmar Petrochemical Enterprise, has executed the jet fuel business since 2015. – TWA/GNLM

Share this post
Hot News
Hot News
Tatmadaw education schools, Tatmadaw BEHSs turn out 392 distinction winners in matric exam 2024
MNHRC inspects Yamethin Prison, Kintha 1 & 2 Production Camp
Myanmar ambassador to Japan engages with Kumamoto officials, business leaders
Myanmar to participate in 36th VECONAC, 23rd General Assembly in Singapore
Strand Road Night Market opens in Magway
MoE Union Minister receives Ambassador of India
DPM MoD Union Minister leaves for Vietnam to attend state funeral
Myanmar, India to enhance cooperation in e-ID system
DPM MoFA Union Minister attends China-South Asia Expo opening
Indian Ambassador calls on MoHT Union Minister