Inspectioneering
News

Puma Energy Opens Myanmar's Largest Petroleum Products Terminal

Puma Energy, May 8, 2017

Puma Energy Asia Sun (P.E.A.S), a joint venture between Puma Energy, the global mid and downstream energy company, and Asia Sun Energy (ASE), a local company experienced in logistics and trading in Myanmar, recently celebrated the opening of its petroleum products terminal at Thilawa port, southeast of Yangon. This $92 million investment into the country’s largest and most modern petroleum products terminal is a first of its kind for the petroleum industry in Myanmar, which has just opened up to foreign direct investment in this area. With a fuel storage capacity of 91,000m³, the Thilawa terminal is the largest and most modern refined products import terminal in Myanmar. Its storage facilities cater for a range of petroleum products, including commercial fuels (Mogas 95 and 92, low sulphur Diesel), HFO (heavy fuel oil typically used for power generation), bitumen and jet fuel.

Puma Energy Asia Sun has invested close to USD100 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,” said David Holden, General Manager of Puma Energy Asia Sun.

P.E.A.S has hired 80 full-time staff the majority of whom are local hires. They have received training to ensure the reliable supply of high quality products handled to international safety standards.

We are proud to set a standard in the industry with our infrastructure, modern quality control processes and independent on-site lab. We are confident that these unique features will establish Puma Energy Asia Sun as a reliable provider of high quality fuels in Myanmar,” said Win Kyaw, Chairman of Puma Energy Asia Sun.

The Puma Energy Asia Sun terminal is 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. Some of the site’s unique features include sophisticated fire-fighting systems, a robust emergency management plan and containment systems.


Comments and Discussion

There are no comments yet.

Add a Comment

Please log in or register to participate in comments and discussions.

Interested in equipment reliability & integrity? Sign up for weekly updates.

Inspectioneering Journal

Explore over 20 years of articles written by our team of subject matter experts.

Company Directory

Find relevant products, services, and technologies.

Job Postings

Discover job opportunities that match your skillset.

Case Studies

Learn from the experience of others in the industry.

Event Calendar

Find upcoming conferences, training sessions, online events, and more.

Industry News

Stay up-to-date with the latest inspection and asset integrity management news.

Blog

Read short articles and insights authored by industry experts.

Acronyms

Commonly used asset integrity management and inspection acronyms.

Asset Intelligence Reports

Download brief primers on various asset integrity management topics.

Videos

Watch educational and informative videos directly related to your profession.

Expert Interviews

Inspectioneering's archive of interviews with industry subject matter experts.