Puma Energy Opens One of World's Largest Offshore Fuelling Facilities

Luanda, Angola (ots/PRNewswire) -

Strategic CBM Fuelling Hub for Africa

Puma Energy, the globally integrated midstream and downstream
energy company, today opened one of the world's largest conventional
buoy mooring systems ("CBM") in Luanda Bay, Angola. The fuel loading
buoy anchored offshore serves as a strategic mooring point for Africa
and it will allow a wide range of carriers to berth while loading or
offloading oil product.

(Photo: http://photos.prnewswire.com/prnh/20150421/740352-a )

(Photo: http://photos.prnewswire.com/prnh/20150421/740352-b )

The new CBM is located next to Puma Energy's Fishing Port Terminal
in Luanda Bay, which is currently being extended and will have a
total storage capacity of 276,000m3. The CBM meets Oil Companies
International Marine Forum ("OCIMF") standards and can accommodate
vessels up to 225,000 Dead Weight Tons ("DWT") with a draft
restriction of 19.3m. It has bi-directional flow and a nominal
product transfer rate of 4,000 m3 per hour on both lines. The mooring
buoys are fitted with navigational aids to assist with effective,
safer and environmentally friendly tanker loading and berthing.

Puma Energy applied its extensive infrastructure experience to
construct this state-of-the-art facility, the result of which will
make Angola's Fishing Port Terminal a key site securing the supply of
energy to and from Angola and Africa during a period of high demand
for energy products.

Pierre Eladari, CEO for Puma Energy said: "We constantly assess
new and strategic infrastructure investment opportunities which help
us provide safe, reliable and cost effective supply, storage and
distribution solutions to our customers. This new CBM facility in
Luanda provides security of supply to and from Angola as well as
Africa."

The CBM is part of Angola's long term strategic objective to
improve the country's infrastructure endowment. Improved efficiency
at the Port of Luanda will help Angola's economy to remain amongst
the fastest growing in Africa.

Puma Energy entered Angola in 2004 as a partner for Sonangol,
Angola's National Oil Company, in its strategic ambition to invest,
redevelop and liberalise its downstream oil industry. Currently Puma
Energy operates four businesses in Angola: Pumangol Retail - Petrol
Station network; Pumangol B2B - direct seller of fuels to the
industry; Pumangol Bunkering - bunkering of vessels and AngoBetumens
- bitumen storage and distribution.

Puma Energy has built lasting vital infrastructure across all 18
provinces in Angola, including bulk storage facilities, a retail
network programme of approximately 71 sites across the country and
created thousands of jobs.

Photo:
http://photos.prnewswire.com/prnh/20150421/740352-a

http://photos.prnewswire.com/prnh/20150421/740352-b

ots Originaltext: Puma Energy
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For press queries, please contact Patrick Meyer:
media@pumaenergy.com / +44-7901555644