Fuelling Journeys - Puma Energy
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/ FUELLING JOURNEYS / ENJOY THE JOURNEY Puma Energy is an integrated global energy company like no other. When we say we fuel journeys, we are not just talking about putting petrol or diesel in your tank, or providing high-quality fuel to some of the world’s largest airlines, shipping companies and power suppliers. ‘Fuelling Journeys’ is about / CORPORATE BROCHURE / / CORPORATE BROCHURE / showing customers our pioneering, passionate and performance-driven spirit delivering authentic customer experiences to make a real difference in the communities we serve. This is our story and we’d like to share it with you. Contents 1. Fuelling journeys 1 4. Fuelling sustainability 50 Telling the story of fuelling journeys Our comimittment to health, safety, environment, people and communities 2. Fuelling the world 14 Fuelling conversations 58 Our global business We’d love your feedback and look forward to talking to you 3. Fuelling global expertise 24 Cover: Fuelling excitement in Ghana, ahead of a road trip to Our business lines and capabilities tonight’s music concert – get ready to make some noise. IFC: One of our customers in Brisbane, Australia. / 2 / PUMA ENERGY / / 1 / PUMA ENERGY /
/ FUELLING JOURNEYS / / FUELLING JOURNEYS / FUELLING OUR ...IS AT THE HEART / CORPORATE BROCHURE / / CORPORATE BROCHURE / CUSTOMERS’ OF OUR STORY JOURNEYS… We’re here for our customers and a core part of this commitment always has been to provide them with fuel. High-quality fuel delivered without fail, when and where our customers need it. So busy mums and millions of others can get on and enjoy their journeys around the world. When we say we fuel journeys, we literally mean it. But that’s only part of the story… MIDDLE EAST AND ASIA-PACIFIC / AUSTRALIA / www.youtube.com/ BRISBANE / user/PumaEnergy Corporate / 2 / PUMA ENERGY / / 3 / PUMA ENERGY /
/ FUELLING JOURNEYS / / FUELLING JOURNEYS / cyclist. FUELLING LIKE A PRO- www.facebook.com/ NACHOS / pumaenergy/elsalvador COFFEE / BREAD / WATER / BIKE WASH / SNACKS / SALAD / / CORPORATE BROCHURE / / CORPORATE BROCHURE / A great cup of coffee, Take these cyclists in El Salvador. We’re fired up about helping each a hearty meal, a free Our retail site at Puma Energy and every one of our customers Madreselva has become fuel their own particular journeys bike wash – we offer an a much-loved pit stop for them. – whether that’s a cycle ride with increasing range of non- Their bike rides and charity events friends or a commute to work, fuel products and services in and around the neighbouring a trip to the local shops or a for our many different countryside invariably start and transcontinental adventure. retail customers… end at the site. After a hard day’s This customer-focused spirit cycling in the mountains they enjoy tucking into ‘deliciosos runs across our retail forecourts nachos’ and other tasty food and on to the many different AMERICAS / SAN SALVADOR / and drink in the site’s cafe. businesses we serve… MOUNTAIN BIKE HUB / / 4 / PUMA ENERGY / / 5 / PUMA ENERGY /
/ FUELLING JOURNEYS / / FUELLING JOURNEYS / MIDDLE EAST AND ASIA-PACIFIC / MYANMAR / YANGON INTERNATIONAL AIRPORT / We’re proud to be the trusted partner of many different businesses around the world. We earn this trust by staying close to our customers, wherever in the world they are, and ensuring TRUSTED security of high-quality supply, day in, day out. Nowhere is this more critical than for our airline TO / CORPORATE BROCHURE / / CORPORATE BROCHURE / deliver customers. We’re there for them in 63 airports around the world, from Yangon International Airport in Myanmar to Kotoka International Airport in Ghana. We make sure they have the jet fuel they need to keep flying the planes at the heart of their business. To excel in fuelling journeys, we have created over the past few years one of the world’s leading integrated global Midstream and www.youtube.com/ Downstream energy companies. user/PumaEnergy Corporate A company present in 47 countries, with more than US$12 billion annual sales and 7,652 employees. A passionate, pioneering, high-performance company that leads the way in storage, transportation and distribution. This ensures we deliver security of supply in often out of the way and inhospitable places; and the highest-quality products, services and solutions – from world-class storage to top-grade aviation fuel, from new and improved road building bitumen to a great cup of coffee. / 6 / PUMA ENERGY / / 7 / PUMA ENERGY /
/ FUELLING JOURNEYS / / FUELLING JOURNEYS / We’re a dynamic business that likes to keep moving – Moving... going further for, and with, our customers, and getting bigger and stronger along the way while never losing / CORPORATE BROCHURE / / CORPORATE BROCHURE / our can-do, quick-thinking entrepreneurial spirit. In one of our newer markets Myanmar, for example, we have been busy investing, building and helping the country develop its infrastructure, open up to new opportunities and modernise. It’s a fantastic journey to be on and one that’s only just beginning. INFRASTRUCTURE / TRANSPORTATION / TOURISM / ENTREPRENEURSHIP / ...INTO NEW MARKETS MIDDLE-EAST AND ASIA-PACIFIC / MYANMAR / / 8 / PUMA ENERGY / / 9 / PUMA ENERGY /
/ FUELLING JOURNEYS / / FUELLING JOURNEYS / INVESTING IN OUR GLOBAL INFRASTRUCTURE 100 STORAGE TERMINALS / 7.9 MILLION M 3 TOTAL STORAGE CAPACITY / 91% OF API-COMPLIANT STORAGE CAPACITY / 1,500 TRUCKS LOADED EVERY DAY / / CORPORATE BROCHURE / / CORPORATE BROCHURE / We’re here to fuel journeys, but we can only do this because of our fully integrated global supply, storage and distribution infrastructure. It’s the rock that underpins the ever-changing journeys we fuel. We never stop investing in it. www.facebook.com/ pumaenergy / 10 / PUMA ENERGY / / 11 / PUMA ENERGY /
/ FUELLING JOURNEYS / / FUELLING JOURNEYS / / CORPORATE BROCHURE / / FUELLING JOURNEYS / FUELLING ALL KINDS OF... commutes Buses, planes, water taxis, bikes, jet skis, coaches – our customers around the world take all kinds of transport to travel to and from their home and work. No matter how our customers like to commute, we’re with them all the way. Fuelling their journeys on land, at sea and in the air – day in, day out, without fail. So they can get on with enjoying their lives, at CAR / work, at home and at all points in between. BOAT / JET SKI / PLANE / It’s a brilliant illustration of the great energy BUS / and variety that runs through the positive MOTORBIKE / difference we make to people’s lives. www.instagram.com/ fuelling_journeys / 12 / PUMA ENERGY / / 13 / PUMA ENERGY /
/ FUELLING THE WORLD / / FUELLING THE WORLD / FUELLING THE We’re the world’s fastest-growing / CORPORATE BROCHURE / / CORPORATE BROCHURE / independent energy company. Through WORLD our fully integrated global Midstream EUROPE / AMERICAS / AFRICA / MIDDLE EAST AND ASIA-PACIFIC / and Downstream business we provide high-quality, competitively priced products and services to our many different customers around the world. On the road near Thanda Tau in South Africa. / 14 / PUMA ENERGY / / 15 / PUMA ENERGY /
/ FUELLING THE WORLD / / FUELLING THE WORLD / PUMA ENERGY 2,519 Retail sites IN NUMBERS 63 135 car wash facilities Puma Energy has expanded, with major investments in terminals, retail sites and local infrastructure. airports served 118 truck stops / CORPORATE BROCHURE / / CORPORATE BROCHURE / around the world 157 19,693k m3 141 new fuel retail sites in 2016 7.9m m 3 THROUGHPUT VOLUMES (2015: 18,372k m3) 20,500 B2B customers restaurants / cafes total storage capacity 1,243 5m litres shops at retail sites 47 lubricants sold in our retail sites 1,500 7,652 150m customers eating 100 TERMINALS countries trucks loaded employees and drinking at our terminals every day retail sites 10m US$12,670m 99% 21,968k m3 250m US$2.0bn 6 tonnes 91% additional NET SALES of our employees SALES VOLUMES drivers through invested in fuel drivers through (2015: US$12,686m) are local (2015: 18,944k m ) 3 our retail sites storage infrastructure our retail sites in 2016 since 2010 of chicken consumed of API-compliant per year from our retail storage capacity sites in Panama / 16 / PUMA ENERGY / / 17 / PUMA ENERGY /
/ FUELLING THE WORLD / / FUELLING THE WORLD / BUSINESS MODEL Our unique strengths Strategic global network and processes from delivery Responsive and flexible Unique asset base Puma Energy is a highly logistics to point-of-sale Our structure ensures we Puma Energy’s global diversified company that equipment, such as our new are always in touch with our integrated asset base ensures focuses on fast-growing ePuma customer portal. customers’ needs, and our the seamless supply of a wide markets, where the projected global network means that range of products to our How we create value. We connect customers to high-quality consumer demand for oil is high. We use our global network Talented people Our people have been we are always where they need us to be. Where customers around the world and supports our aim to be products through our integrated operations. to ensure that we maximise our instrumental in our rapid opportunities arise, we move the global leader in fuelling opportunities in these markets growth as a business – their quickly to make strategic our customers wherever their and provide our customers entrepreneurial spirit, diversity, investments in infrastructure journeys take them, through with excellent service. the nationalities, cultures and and acquisitions in high-growth our integrated Midstream the experience we have across markets, expanding our and Downstream operations.. Efficiency our team, have all contributed network while maintaining We continue to implement to our success. We support a healthy balance sheet. better systems, building superior and train our people well, value infrastructure, technologies them and trust them to excel. ONLINE ONLINE ORDERING ORDERING BITUMENBITUMEN FUEL FUEL LPG LPG LUBRICANTS LUBRICANTS / CORPORATE BROCHURE / / CORPORATE BROCHURE / AVIATION AVIATION Serving Serving our our customers customers with with high-quality high-quality RETAIL RETAIL B2B LPG B2B LUBRICANTS LPG LUBRICANTS STORAGE STORAGE TRANSPORT TRANSPORT products products AVIATION AVIATION FUEL FUEL and services and services WHOLESALE BITUMENBITUMEN WHOLESALE BUNKERING BUNKERING We distribute We distribute We store We store We supply We supply NON-FUEL NON-FUEL FORECOURT FORECOURT CONVENIENCE CONVENIENCE We haveWe built have a completely built a completely We haveWe 100have storage 100 storage Our experienced Our experienced team team SERVICES SERVICES PRODUCTS PRODUCTS global integrated global integrated MidstreamMidstream terminalsterminals in our network, in our network, optimises optimises supply across supply across and Downstream and Downstream oil company oil company to to with a total withstorage a total storage capacitycapacity products, products, geographies geographies serve the serve different the different needs ofneeds our of our of 7.9 million of 7.9m million 3 . m3. and sources and sources to meet to meet customerscustomers around thearound world.the world. customercustomer demand.demand. MARINE MARINE GAS OILGAS OIL TRUCK STOP TRUCK STOP QUALITYQUALITY TESTINGTESTING We provide high-quality products and services to millions of retail consumers and thousands of B2B customers in 47 countries. Our integrated supply, storage and distribution These inputs and activities enable sustainable value creation operations allow us to source products reliably and efficiently, whilst supplying our customers at competitive prices. Customers Shareholders Employees Communities Our customers benefit from By maintaining financial We have created a diverse, We contribute significantly the high standards of customer stability, while investing in and collaborative and customer- to our communities as a major service we provide, as we deliver managing our business growth, focused organisation that ensures employer, through local taxes, high-quality fuels and a wide we create long-term value for our people are well rewarded, as a long-term responsible choice of non-fuel products, our shareholders, maximising have the opportunity to develop partner, and by engaging in swiftly, reliably and at a fair price. the returns on their investment their entrepreneurship, and many social, environmental in Puma Energy’s future. achieve their full potential. and educational programmes. / 18 / PUMA ENERGY / / 19 / PUMA ENERGY /
/ FUELLING THE WORLD / / FUELLING THE WORLD / WHERE WE OPERATE Total 7,652 EMPLOYEES (2015: 7,713) Total RUSSIA 7.9 million m3 NORTH TERMINAL CAPACITY AMERICA (2015: 7.7 million m3) EUROPE Total NORTH NORTH ATLANTIC MIDDLE EAST ASIA PACIFIC OCEAN 2,519 OCEAN RETAIL SITES / CORPORATE BROCHURE / / CORPORATE BROCHURE / (2015: 2,362) AFRICA Total SOUTH AMERICA 63 SOUTH AIRPORTS PACIFIC OCEAN SERVED (2015: 49) SOUTH ATLANTIC OCEAN INDIAN OCEAN AUSTRALIA 1,243 Bulk storage hub RETAIL SITE Local storage SHOPS Puma Energy supply route 135 Countries where currently present EUROPE / AMERICAS / CAR WASH AFRICA / MIDDLE EAST AND ASIA-PACIFIC / FACILITIES Airports Storage k m3 Retail sites Employees 141 Europe – 2,776 – 685 Puma Energy uses a network of regional affiliates across Americas 8 1,545 1,292 1,197 five continents to support its integrated global supply Africa 34 1,190 739 4,141 RESTAURANTS/ chain. This ensures that we – and our products – are Middle East and Asia-Pacific 21 2,428 488 1,629 CAFES always there to fuel the journeys of our growing Global total 63 7,939 2,519 7,652 customer base around the world. Note: Data as of 31 December 2016 / 20 / PUMA ENERGY / / 21 / PUMA ENERGY /
/ FUELLING THE WORLD / / FUELLING THE WORLD / OUR ROLE IN THE OIL LIFE CYCLE OUR INVESTMENT APPROACH Our integrated Midstream and Downstream operations provide By identifying key markets with the right demographic our customers around the world with secure access to a wide trends and opportunities for infrastructure investment, range of fuel and non-fuel products. we are able to build robust and profitable operations. GDP growth Midstream Downstream 6.3% Puma Energy’s infrastructure and storage We fuel the global Downstream market, facilities on five continents enable our providing a wide range of oil products in Downstream activities to fuel businesses, 47 countries through our growing retail, 1 keep people connected and provide wholesale and B2B operations. Asia-Pacific stability in 47 countries. 3.8% 30% 2 Transportation and safety 7 LPG Our transportation networks We also bottle and transport Africa encompass road, rail and sea, liquified petroleum gas (LPG), 3 Marine systems operating 24/7/365 to ensure delivering our high-quality LPG prompt and efficient fuel 2 to an expanding global base of We have developed a high Average market share 2.3% level of competence and deliveries globally. Page 32 customers at a competitive expertise in marine price and on time. Page 44 infrastructure and operations, as receiving and delivering oil 5 Bitumen Latin America products through marine Our advanced fleet of facilities is a key part of our bitumen ships form a crucial 1.8% business worldwide. Page 49 part of our flexible and reliable 1 Onshore storage distribution network, enabling / CORPORATE BROCHURE / / CORPORATE BROCHURE / Our purpose-built us to load or unload bitumen 6 Bunkering terminals give customers at almost any major port in The term ‘bunker’ for ship access to high-quality the world. Page 38 Europe oil originated in the days of storage anywhere in the steam ships when coal was world. Page 46 kept in bunkers. Our modern 4 Aviation fleet of bunker vessels fuel We provide consistently ships globally and is also high-quality aviation fuel (avgas specially adapted to service and jet) and services to airlines, 3 offshore rigs. Page 40 aircraft operators and aircraft owners around the world, particularly in Latin America, Africa and Asia . Page 36 8 Lubricants We supply a full range of proven lubricants designed for a variety of general and specific applications in a wide range of markets 4 throughout the world. Page 42 2015 to 2020 growth rates, 4 Refining Source: IMF In almost all instances we act as buyers from refineries, but we do operate two ‘pocket’ refineries that are critical to local supply systems, one in Nicaragua and the other 2 Wholesale in Papua New Guinea. Page 45 We supply our petroleum 1 2 3 4 products to independent distributors throughout the 1 Retail Expanding into new markets Integrating local market supply Developing and Leading local market shares 5 Global supply world, who in turn sell them 3 B2B We are a leading Puma Energy focuses on key with international markets upgrading assets in markets Puma Energy aims to build Our strategically on to local retailers and Our ability to match the needs global retailer, with growth metrics such as an Puma Energy invests in local requiring infrastructure at least a 30% share in every located storage customers. Page 32 more than 2,500 retail of a highly geographically increasing population, a growing infrastructure and integrates Puma Energy invests in assets market it operates in and terminals allow us diverse range of customers, sites worldwide. We have national networks middle class or rising consumer this with international markets, by building new or refurbishing seeks to be recognised as to source products some of whom operate in demand for technology and new connecting countries existing facilities in markets a leader in that market. globally, reliably and remote, demanding and in many countries in at competitive prices. Africa, Australia and cars, to identify markets where without refining capacities where infrastructure is needed to potentially dangerous Page 45 environments, gives us a Central and South there is likely to be a significant to world-class refining hubs. drive efficiency and offer greater competitive edge. Page 34 America. Page 26 rise in demand for fuel. choice for customers. / 22 / PUMA ENERGY / / 23 / PUMA ENERGY /
/ FUELLING GLOBAL EXPERTISE / / FUELLING GLOBAL EXPERTISE / FUELLING GLOBAL CAPABILITIES / CORPORATE BROCHURE / / CORPORATE BROCHURE / RETAIL / WHOLESALE / We’re driven by the needs of our varied B2B / AVIATION / customers around the world and the desire to fuel their journeys. To this end, we continue BITUMEN / BUNKERING / to build our global capabilities across our LUBRICANTS / LPG / REFINING / GLOBAL SUPPLY / STORAGE / integrated Midstream and Downstream energy MARINE SYSTEMS business – from retail to storage, aviation to wholesale, bitumen to bunkering and beyond. One of our customers in Puerto-Rico. / 24 / PUMA ENERGY / / 25 / PUMA ENERGY /
/ FUELLING // FUELLING FUELLING GLOBAL THE JOURNEYS WORLD EXPERTISE // / / FUELLING GLOBAL EXPERTISE / Right: 7th Street cafe, Australia, our new cafe convenience store brings our customers quality barista-made coffee, fresh food and friendly service. We opened 15 7th Street cafe convenience stores across Australia in 2016 and initial customer reactions have been very positive. Topping up your tank, sitting down to eat, paying with your mobile – we fuel millions of customer journeys through 2,519 retail sites around more than 2,500 retail sites across the world 47 countries around the world. 1,015 RETAIL Truly customer centric lights. They also have state- We care for our customers and of-the-art security cameras. / CORPORATE BROCHURE / / CORPORATE BROCHURE / are committed to giving them We invest in the very best an ever-greater experience facilities at our retail sites – ATMs installed all around the world – from our forecourts are well over the network high-quality, competitively signposted, the car washes priced fuel to an enticing are always in operation and range of convenience foods, the washroom facilities are from welcoming, secure sites kept spotlessly clean. to easy digital ways to pay. Local links Building the best possible 135 retail network means getting everything right. Understanding local differences is a crucial part of car wash and the retail mix. Our retail sites screen wash facilities are always well stocked with the products local people need and we recruit local people who know their markets well. They provide important insights into local preferences and a vital link to their communities. Naturally, we invest in their talents through training on safety and every aspect of customer service. Great sites, great service Providing our retail customers with great service goes beyond offering value for money and the right choice of products. We focus on every detail, including creating welcoming, safe environments for our customers and staff, 24 Trainee Supervisor hours a day. Our retail sites are AFRICA well lit, with environmentally friendly low-energy LED / 26 / PUMA ENERGY / / 27 / PUMA ENERGY /
/ FUELLING / FUELLING GLOBAL THE WORLD EXPERTISE / / / FUELLING GLOBAL EXPERTISE / Investing in quality and growth increasing its profits and is We also run market-leading We continue to invest in essential to the growth of our promotional programmes 6 the quality and growth of retail business. We meet all in many countries, helping our retail network, with national quality specifications to drive both our fuel and 16,000 rebranding continuing this in the markets where we non-fuel business, and year in South Africa and operate and support efforts adding further value for Colombia. We also acquired by national governments to our people and customers. TONNES OF CHICKEN 23 retail sites from Grace improve fuel quality, while cups of coffee served per week Petroleum in Ghana. promoting our range of consumed per year from our retail sites premium fuel brands across from our retail sites in Australia We have 2,519 retail sites, up in Panama from 2,362 in 2015. Most of our retail networks. 1,243 our sites are Puma Energy Our primary focus in a branded. They are spread market is not on directly across Central and South managing retail sites. We America, the Caribbean, develop dealer-operated Africa and Asia-Pacific with networks, offering training shops at retail sites many offering convenience and creating opportunities stores under the Super7 for local entrepreneurs. and Shop Express brands We have brought together Left: Everything you 141 113,000 together with the new 7th an excellent team of retail need to fuel a family Street brand in Australia. professionals to support journey in Brisbane – the weekend starts here. While regulations vary widely our retail sites worldwide, including our newly appointed Below: Customer sandwiches per month in different parts of the world, Global Head of Retail, who restaurants/cafes moments captured in Central America quality is always central to at a Puma Energy the way we market our fuel. has helped us improve the retail site in Panama. It is the key to Puma Energy Puma Energy retail experience. Expanding the retail offer / CORPORATE BROCHURE / / CORPORATE BROCHURE / We’re busy expanding our retail offer to meet even more of our customers’ needs – not only for high-quality fuel but also for great refreshments, convenience foods and other goods and services to fuel their journeys. More than just fuel sites and convenience stores, Many of our retail sites offer operating under the Super7 convenience stores under brand. We sell around the Super7 or Shop Express 1,500 different items across brands. Complementing our network of 78 Angolan these are new 7th Street retail sites, with a focus on cafe convenience stores in providing the local products Australia, where we have our customers want. taken the traditional service In 2016, we partnered station concept and given with The Debonairs Group it a makeover. The new stores in Botswana to make two are a cafe convenience hybrid, popular fast food outlets, bringing our customers quality Steers and Debonairs Pizza, Above: Our people have seen pretty barista-made coffee, fresh part of the offer at our REGIONAL RETAIL SITES much everything at our retail sites food and friendly service, retail sites. Both are popular in Zambia and are delighted to offer while also offering features customers a full range of services on our forecourts, as well as in our like free wi-fi and mobile fast food brands and the partnership benefits both 20% Middle East and Asia-Pacific restaurants and convenience stores. phone recharging points. parties, bringing more We opened 15 7th Street Right: We do everything we can to give our customers excellent service stores across Australia in 2016 customers and vehicles into the sites. The new 51% Americas at our retail sites in Australia and and initial customer reactions food outlets are part of the Training Facility around the world. have been very positive Angola remains one of our one-stop-shop convenience approach we are delivering 29% Africa Support Operator most important markets in for our customers across ASIA-PACIFIC Africa and our Pumangol the country. business offers 24-hour retail / 28 / PUMA ENERGY / / 29 / PUMA ENERGY /
/ FUELLING / FUELLING GLOBAL THE WORLD EXPERTISE / / / FUELLING GLOBAL EXPERTISE / CASE STUDY Quality and service Making the most of digital and fuelling retail growth technology. We are always looking in El Salvador for ways to make the most of digital Puma Energy El Salvador now has 95 retail sites in its retail network. and technology to enhance the service and experience we give Consistent growth in sites and volume Puma Energy El Salvador continues to achieve consistent our customers. In Puerto Rico, for growth in sites and volume in its retail chain. The addition example, we have developed a quick of the newly built Puma Energy Izalco site last year provided us with a showpiece retail site and we now have 95 retail sites and easy to use new mobile payment across the country. This growth is the result of a focused approach to develop a network plan with our local teams. app, enabling people to fuel and The work starts with the detailed mapping of all retail sites pay at the pump. We are the first in within a focus market, and calculating estimated volumes for every site by gathering traffic counts for the main roads and Central America to offer this option. highways, and configuring this with population density. Performing to our full potential This database of information gives us a tool our retail team can use to evaluate whether each retail site is / CORPORATE BROCHURE / / CORPORATE BROCHURE / performing to its full potential, prioritise the best locations Customers using to invest in new sites, and identify the best unbranded and our wi-fi facilities at competitor sites we should target to join our network. Easy Cafe, Tanzania. Aiming for organic growth of our existing retail site chain is also a core objective. Using the insight from market We are supporting local using pre-funded chip-cards. studies, we listen to our customers to understand areas for commerce and providing This has helped to increase improvement, and seek to understand the most important customers with a new kind our sales and profits, and 32% factors customers use to select a retail site or fuel brand. of retail choice at our Easy of our retail sales in Malawi Cafe in Oyster Bay, Tanzania. are now made through the Promoting the Puma Energy brand People can come into the retail MyFuel card system. We know that quality perception is very much influenced by site, where our employees the appearance of our sites. We support all regional efforts teach them how to surf Our new B2B customer portal to improve and maintain the image of our sites. For example, websites, and they can Part of the digital transformation our territory managers are now using the Zenput app on order items for delivery and of our business, ePuma will their digital tablets to monitor and log sites, allowing us to collection at the Easy Cafe. introduce a B2B customer take swift action on image maintenance where needed and to In Malawi we continue portal, new scheduling and recommend appropriate follow-up. As a relatively new brand to have success with our tablet technology, and to the market, we are continuing to pursue every opportunity MyFuel card, a smartcard- future terminal and truck to reach potential customers not yet fully aware of the Puma based prepaid fuel wallet automation. It is a significant Energy brand, its global reach and integrated business model. that enables customers to investment in new technology manage their fuel purchases for the Group and was piloted in Brisbane in 2016. ePuma is being rolled out progressively to 13 locations and 63 trucks across Australia, helping our employees to gain a more comprehensive understanding of the new 12 way of working. 32% of our retail sales in Malawi are now COUNTRIES made through the where Puma Energy Cashier MyFuel card system. companies use our AMERICAS fuel card / 30 / PUMA ENERGY / / 31 / PUMA ENERGY /
/ FUELLING / FUELLING GLOBAL THE WORLD EXPERTISE / / / FUELLING GLOBAL EXPERTISE / 1.5m m3fuel transported every year in Australia WHOLESALE Working closely with our wholesale partners, we fuel their success by delivering reliable, safe 1,500 trucks delivering fuel every day (2015: 1,285) supplies and building strong relationships based on mutual trust. Left: A Puma Energy truck en route to our Rasa storage facility in El Salvador, where we have recently upgraded our / CORPORATE BROCHURE / / CORPORATE BROCHURE / underwater pipeline and multi-buoy mooring system. Below: Fuelling Australian journeys. Trusted wholesale partners Safety first in transportation We are proud of our long- We supply petroleum Serving our customers can term safety record and products to many local involve the long-distance conduct regular audits and Our vehicles can distributors around the transportation of fuel and assessments, which enforce travel vast distances, world, who then sell them other extremely hazardous high standards that help on to third parties, such as liquids – sometimes across to ensure the transporters particularly in Africa independent retailers and very dangerous terrain or we select manage their and Australia, where commercial and industrial through rural villages, using operations effectively and long-haul road train companies. We provide a poor roads and infrastructure. maintain their vehicles to our exacting requirements. drivers’ delivery runs full range of fuel products to Although our regional This reduces the number of these wholesale customers can last for days. and help them meet their operations use contracted incidents, such as spillages transportation, we follow and and contamination that can specific local demands. apply very strict standards have a negative impact on We build strong relationships and processes when the environment, and reduce with wholesalers by delivering contracting transporters accidents, especially fatalities. the right products to them, to ensure that we appoint at the right time and price, reputable and reliable service backed up by our strong providers that manage their safety track record and own operations in a sound reliability of supply. Trust and sustainable manner. on both sides is important, Our vehicles can travel vast as our wholesale customers distances, particularly in rely on us to deliver, but Africa and Australia, where we entrust them with our long-haul road train drivers’ products and, through their delivery runs can last for days. own business, to represent Puma Energy’s best practice As part of our commitment and high standards. to ensuring that our products are transported safely, and to the health and well-being of the drivers making these long Driver runs, they are provided with AFRICA sleep bunks, GPS tracking and satellite phones. / 32 / PUMA ENERGY / / 33 / PUMA ENERGY /
/ FUELLING // FUELLING FUELLING GLOBAL THE JOURNEYS WORLD EXPERTISE // / / FUELLING GLOBAL EXPERTISE / We combine our resources and 20,500 B2B customers expertise, strategically located storage terminals, modern 24/7 distribution fleets and access to global markets to fuel the operations and ambitions of our on-site expert support many different business customers. B2B Fuelling business Strong relationships Widening and improving Our business customers We currently have around our services range from world-famous 20,500 B2B customers, We continue to invest in multinationals to local typically working with widening and improving businesses, little known out three- to five-year contracts. the services we offer of their own countries. They We have strong relationships to customers. include many of the world’s with multinational businesses Our new ePuma system leading mining companies, such as Coca-Cola, De Beers, is part of a digital and major businesses in key CAT and Castel Beer, offering transformation of our sectors such as transport, them a fully managed service / CORPORATE BROCHURE / / CORPORATE BROCHURE / business that will, among power generation, industrial, and 24/7 on-site expert other initiatives, introduce manufacturing, agricultural support when required. Many a new customer portal. and construction. Between of our customers want to deal We piloted the system in them, they keep the lights with a single supplier across 2016 and the roll-out will on, build the houses, grow an entire region, a service continue in 2017. We also the food, run the trains and we can now offer in large help customers reduce make everything from cars areas of the world, which their fuel usage through to cardboard and televisions helps them streamline their our Total Fuel Management Earning that trust to textiles. processes and save money. programme. This looks at is crucial, even if it Earning trust We demonstrate our every aspect of their fuel long-term commitment to needs, from security of means putting in These companies all play a customers by working with supply to waste management, place robust logistics vital role in the economies them to develop products, identifying opportunities to they work in – creating wealth, and transport providing employment, technologies, support and reduce fuel usage and cost. delivery services they can systems to guarantee building infrastructure and trust absolutely. delivery to some of supplying important products and services. For them, We provide them with a the most inhospitable reliability is a top priority. broad portfolio of fuels. industrial locations If their fuel runs dry, they High-quality diesel is in on earth. lose money. They trust us great demand with mining to ensure this never happens companies, while power and we have to meet our generating companies, such customers’ fuel needs no as the Power and Water matter what. Corporation in Australia, and Duke Energy in Central Earning that trust is crucial, America, want heavy fuel even if it means putting in oil. Construction companies place robust logistics and rely on our bitumen for road transport systems to building and roof felting, guarantee delivery to some while our lubricants business of the most inhospitable complements and enhances industrial locations on earth. our fuels business. Stock Accountant We fuel the energy EUROPE companies that keep the lights on in Bogota, Colombia. / 34 / PUMA ENERGY / / 35 / PUMA ENERGY /
/ FUELLING / FUELLING GLOBAL THE WORLD EXPERTISE / / / FUELLING GLOBAL EXPERTISE / venture, NEPAS, to an Honduras, Guatemala and additional 10 major airports Colombia. In the Caribbean, in the country in 2016. we operate in Puerto Rico CASE STUDY We now operate at and St. Croix in the US Virgin Our aviation AVIATION 63 airports across Latin Islands, while in Asia, we America, Africa and Asia, providing consistently operate at 10 airports in Papua New Guinea and fuel joint venture, high-quality products and services to airlines, aircraft 11 in Myanmar. NEPAS, spreads its 208 operators and aircraft owners. In Africa, we operate wings in Myanmar in 13 countries supplying the New Puma Energy-branded state-of-the-art fuel to airlines at 34 airports. In Central America, we airlines served in the Americas trucks take to the country’s roads. operate the fuel facilities of which 80 are international at airports in El Salvador, Successful co-operation Belize, Nicaragua, Paraguay, Continuing our successful co-operation with the Myanmar government-owned Downstream enterprise, MPPE, we signed an agreement in June 2016 to expand the operations From commercial airlines and Our sites are regularly audited, both by our lead times and flexible transport solutions to meet of NEPAS, our aviation fuel joint venture. NEPAS is now heavy-lift cargo planes to corporate customers and us. We can also demonstrate traceability your specific needs and contribute to the success of responsible for importing and distributing all aviation fuel in Myanmar, as well as into-plane fuelling and marketing jets and recreational planes, our from refinery to airside your business. Our customers of aviation-related petroleum products at 11 airports across the country. The Company will also take over the fuelling aviation customers rely on us to fuel delivery, to make sure no properties of the fuel have can trust us completely to provide high-quality Avgas for all government customers not fuelling at public airports, the flights that connect a world of changed. We apply the Joint Inspection Group (JIG) 100LL. Our Avgas 100LL Estonia production facility as well as supplying avgas and aviation lubricants. business and pleasure. standard as our operating is ISO 9001 and 14001 Major investment in people and equipment / CORPORATE BROCHURE / / CORPORATE BROCHURE / manual, and we joined the certified and designed to This has involved 45 staff from MPPE transferring directly IATA fuel group as a strategic the latest requirements set to NEPAS and a further 30 people have been recruited to partner, participating in their by the aviation industry. support the expansion. A major investment has also been commercial and technical We have grown to become made in nine jet fuel tankers to replace the previous ageing fuel working groups. one of the leading avgas fleet that had been prone to breakdowns, rusting and Quality, efficiency and safety suppliers globally. calibration issues. These new state-of-the-art vehicles and When it comes to aviation, we make it easy for our Expanding our tanks have been purchased from Heil Trailer in Thailand Having won the tender Our hydrant system customers by taking care of aviation business to partner with Myanma and are among the first to carry our logo throughout the We supply high-quality Yangon region, signalling that Puma Energy has really in El Salvador allows everything – from importation, aviation fuel for piston engine Petroleum Products arrived in Myanmar and is playing a significant part in us to refuel planes at handling, storage, bridging Enterprise in 2015 to and transportation, to onto- aircraft. The foundation of distribute jet fuel to fuelling the country’s growing economy. nearly twice the speed plane operations at Puma our business strategy lies Myanmar’s Yangon of our competitors. Energy-owned airport fuelling in listening to our customers International Airport, we and learning from them so depots using our own people. we can deliver an excellent expanded the operations Our new agreement with the Myanmar We have built an excellent of our aviation fuel joint reputation in the sector, based product in the way that government-owned enterprise, MPPE, on our efficiency, strong safety best meets individual will see the operations of our aviation fuel 14 needs. As well as constantly track record, high-quality meeting all international joint venture cover the whole country. 63 fuel and competitively priced products. quality standards, we offer competitive prices, short Find case studies online here: We fuel a wide range of www.pumaenergy.com/en/ new airports aircraft, from recreational about-us/case-studies/ opened in 2016 planes all the way to corporate AIRPORTS jets, heavy-lift cargo planes and large commercial aircraft. served We sold 55% more aviation worldwide fuel across our locations in 2016, compared with 2015. We work with a growing number of major international airlines, including Avianca, Ethiopian, Kenya Airways, SA Airlink, American Airlines, British Airways, Delta Airways, KLM, Emirates and Singapore Airlines, as well as many NEPAS Refueller domestic airlines around ASIA-PACIFIC the world. Refuelling Emirates plane in Ghana. / 36 / PUMA ENERGY / / 37 / PUMA ENERGY /
/ FUELLING / FUELLING GLOBAL THE WORLD EXPERTISE / / / FUELLING GLOBAL EXPERTISE / 330k m3 Rapid expansion year we made our first high-quality bitumen and Following recent expansions bitumen deliveries into services, and the market in our bitumen business Benin and Nigeria. looks set to expand within in Vietnam, Australia and the country and beyond. bitumen terminal Mozambique, we continued Bitumen growth in Vietnam With work already under way, capacity in 2016 our growth in Myanmar Puma Energy has a growing Vietnam aims to complete in 2016. In Angola, our presence in the bitumen around 2,500km of highway bitumen helped to build the market across the region. within the next five years. highways on which we are 12 In addition to our existing Also, because Vietnam has building our new retail sites. terminal at Hai Phong, Now we are using the same long sea lines and borders we are building two with Laos and Cambodia, bitumen expertise in other more bitumen terminals African countries, such as we can also respond to big in Vietnam. Puma Energy demands for bitumen for Mozambique and DRC. We Vietnam has successfully our bitumen vessel these neighbouring markets. also import around 20% of built a strong brand and fleet is 12 strong all the UK’s bitumen and this a reputation for providing Our Langsat bitumen terminal in Malaysia. BITUMEN Assisting governments Our global bitumen terminal We are helping to deliver network offers a wide range of safer, smoother journeys products meeting international in many countries around specifications of penetration, the world by assisting viscosity and performance governments, road agencies grades, together with the and construction companies most advanced formulations in sourcing and supplying the of emulsions and polymer / CORPORATE BROCHURE / / CORPORATE BROCHURE / bitumen they need for major modified bitumens. construction works. We do Our customers benefit from this using our state-of-the-art our fully integrated offering fleet of bespoke insulated that ensures they receive any bitumen carriers and import grade of bitumen they require the bitumen through our on time and on specification. specialist terminals, including the largest private bitumen terminal in Europe (Cadiz, Spain) and the largest bitumen terminal in South East Asia (Langsat, Malaysia), and our newly opened terminal at Thilawa in Myanmar. Through our global bitumen terminals, we offer a range of products meeting international specifications of penetration, viscosity and performance grades, enabling us to provide customers with the exact grade of bitumen they require for their projects. Vietnam aims to complete around 2,500km of highway within the next five years. Driver ASIA-PACIFIC / 38 / PUMA ENERGY / / 39 / PUMA ENERGY /
/ FUELLING / FUELLING GLOBAL THE WORLD EXPERTISE / / / FUELLING GLOBAL EXPERTISE / BUNKERING 50% REDUCTION in refuelling times Ocean-going vessels, deep-water rigs, fishing fleets – we provide fast, reliable, safe offshore Our bunkering facilities refuelling through our advanced bunkering. and vessels are among the So our customers can concentrate on making most advanced in the world, and we comply with all the most of their operations out at sea. international standards. / CORPORATE BROCHURE / / CORPORATE BROCHURE / Modern fleet Reduced refuelling times We are very well equipped to We service container ships, supply a broad range of fuels tankers and fishing vessels, and lubricants to shipping often at short notice, and we and rig operators. A growing use the latest technology to number of customers, from deliver better solutions for major energy businesses and our customers. To minimise logistics companies to local layovers and to maximise fishing businesses, trust our sailing time, we maintain service capability and our fully stocked barges close products to meet their to shipping lanes, and their offshore refuelling needs. powerful pumps reduce Our bunkering facilities and refuelling times by up to 50%. vessels are among the most These highly specialised and advanced in the world, and we advanced bunker barges have comply with all international also increased safety to new standards. We offer our clients levels. Some of our barges – including Eni, Total and have been specially adapted Bourbon – everything they to service huge deep-water require from a bunker supplier, rigs and moored vessels including high-specification offshore. Their high-pressure marine lubricants. pumps deliver fuels at a faster speed, and make use of dynamic positioning (DP) systems to ensure a safe connection to our customers’ facilities or vessels without any assistance by maintaining a steady distance of 50 metres from our vessel. We are also continuing to support oil and gas exploration off the coast of East Africa through our local bunkering operations. Our facilities in Tanzania Tour Guide support in-port and offshore AMERICAS bunkering for customers operating south of Tanzania and north of Mozambique. / 40 / PUMA ENERGY / / 41 / PUMA ENERGY /
/ FUELLING // FUELLING FUELLING GLOBAL THE JOURNEYS WORLD EXPERTISE // / / FUELLING GLOBAL EXPERTISE / 5m litres of lubricants sold in our retail sites From heavy-duty industrial Meeting customer needs We have a strong lubricants We have invested in advanced molecular machines to light and zippy presence in more than 30 countries around the world, technologies to offer unique lubricants that respond to commuter scooters, from serving the agricultural, the distinctive needs and transcontinental trucks to city construction, mining, earthmoving, industrial and objectives of key segments. From improved protection taxis – our high-quality lubricants transportation sectors, as well as offering a full line-up to lower fuel consumption – we offer greater benefits keep all kinds of vehicles around of automotive lubricants. Our for drivers and enhanced range of lubricants includes productivity for businesses. the world running smoothly. on- and off-road automotive We’ve got local experts oils, heavy-duty industrial where our customers need oils, hydraulic oils, coolants them – on the ground – so and greases. We sell them we can guarantee they get through retail, wholesale and / CORPORATE BROCHURE / / CORPORATE BROCHURE / exactly the right lubricants industrial market channels, exactly when they need and indirectly through them, wherever they are. selected distributers. We know it’s tough out In 2016, we launched a new there so we work harder range of high-performance and we move faster. We lubricants that exceed deliver on our promises. automotive and industry specifications, using technology approved by all major original equipment manufacturers. LUBRICANTS Puma Energy lubricants enable Meet Antonio – our customers to he spent a whole year rebuilding Technician enhance performance his prized Mustang engine from blue in Lubrication and save money. carbon fibre parts. AMERICAS He only uses Puma Energy lubricants. / 42 / PUMA ENERGY / / 43 / PUMA ENERGY /
/ FUELLING / FUELLING GLOBAL THE WORLD EXPERTISE / / / FUELLING GLOBAL EXPERTISE / LPG REFINING Saving money and Puma Energy is already the environment the partner of choice of We specialise in the storage, national oil companies as bottling and distribution of they transition away from The introduction LPG and with distribution kerosene. In Benin, West of our LPG cylinders operations in Latin America, Africa, we have LPG storage has created more the Caribbean and Africa. facilities with a capacity of competition within We take a highly selective approach to refining, around 4,800 m3, enabling us From storage, through to supply our growing retail the market and which is undergoing a major transformation, with bottling to distribution, our priorities are to offer value network in the country. We resulted in better refinery operations around the world increasingly for money, quality of service also have a significant storage prices for Puerto consolidating into regional mega hubs. and promote high safety and distribution capacity in standards. LPG provides a Senegal, currently Africa’s Rican consumers. New ‘super’ refineries Selective assets only largest consumer of LPG. With liquefied petroleum gas low-carbon, low-pollution alternative, and increasing Around two million domestic Refining is not part of our core business model. In fact, Puma Energy does not operate any ‘super’ refineries and we (LPG), we are giving people a more numbers of consumers customers living in the Havana area, Cuba, use smaller refineries across the choose to own and operate environmentally friendly way to choose it as an efficient and cost-effective solution in our LPG for cooking and developed world have been closing in recent years, often refining assets selectively, only where it makes sense heating their homes. fuel their lives. LPG has a carbon place of kerosene and wood. In 2016 we made 20lb being converted into terminals and storage facilities for to do so, given the specific logic of supply in a particular footprint around 20% lower than cylinders available for sale or refined products, as we did country or region. Currently, exchange across Puerto Rico, with the former refinery we we own two such assets and conventional heating oil and 50% offering greater access to this acquired in the UK. both could be described as lower than coal. economical fuel source. These refineries have been ‘pocket’ refineries. replaced in the oil life cycle In Managua City, Nicaragua, by far fewer ‘super’ refineries, we operate a small refinery which benefit from economies that forms a critical part of Below: LPG storage in Estonia. Storage in Papua New Guinea. / CORPORATE BROCHURE / / CORPORATE BROCHURE / of scale; have the flexibility the country’s supply system. to handle up to 50 types We also have a small refinery of crude oil; and have the in Napa Napa in Papua New capacity to meet the growing Guinea which has been demand for a wider range of significantly upgraded since refined products. 2014 to improve service to customers in the local market. GLOBAL SUPPLY We operate terminals at strategic locations across five continents, varying by capacity, capability and range of products stored, geared to local, regional or global demand. Above: 20lb cylinders available for sale or exchange in Puerto Rico. This allows us to organise our Our price exposure is supply activities through a controlled using sophisticated central department, creating risk management instruments; a seamless interface between we hedge our positions and the international oil markets do not take outright price and our distribution affiliates. risk. Thanks to our supply Our highly experienced function, we can manage traders and operators procurement at a regional acquire oil products at the rather than a country level best prices, including access to achieve economies of to arbitrage cargoes coming scale for our customers. from outside the region. A supply control room. Supply Manager AFRICA / 44 / PUMA ENERGY / / 45 / PUMA ENERGY /
/ FUELLING / FUELLING GLOBAL THE WORLD EXPERTISE / / / FUELLING GLOBAL EXPERTISE / Our storage facility at Townsville, Australia. We are keen to help our customers capitalise on our US$2 billion investment in our global storage network. STORAGE To ensure we are always able to fuel our customers’ / CORPORATE BROCHURE / / CORPORATE BROCHURE / journeys around the world, we have invested more than US$2 billion since 2010 in developing our Creating a strategic global network of high-quality storage facilities. global network We operate terminals at strategic locations across five continents. The terminals 7.9m m3 Delivering storage solutions Going forward, we will vary in capacity, capability We know how critical security continue to capitalise on and range of products stored, of supply is for our customers our substantial investment to meet local, regional and and what a big part storage in global storage as we total storage capacity global demand. plays. We have invested look for new ways to fuel Some of the largest facilities heavily in our global storage the ambitions and success act as key distribution hubs. infrastructure and services to of our customers. The GRC (Gulf Refining ensure we deliver solutions Company) terminal in Dubai, that meet the current and Investing for our customers for example, is an important future needs of our different Our global network of hub for shipping and customers – from key traders 100 storage terminals is a distributing petroleum in fuel products to leading vital resource to traders, products to the Middle East, oil companies. wholesalers and major oil East Africa and the Indian companies around the world. subcontinent. One of our We handle many different largest, with a current storage products for our customers capacity of 412.1k m3, this 100 at our facilities, including highly advanced terminal crude oil, fuel oil, clean is equipped to handle LPG, refined products, bitumen, naphtha, gasoline, middle LPG and petrochemicals. distillates (jet fuel and gasoil) and other products. It has The expertise and technology STORAGE TERMINALS blending facilities on-site and we have developed at our facilities allows us to provide two shipping berths, capable 2015: 98 a broad range of services, of receiving the largest including the high-volume ocean-going tankers. bulk-building and bulk-breaking With our Langsat terminal required by traders when they in Malaysia now fully online split or combine products for Bitumen and Fuel oil Office and for resale; sophisticated handling, we have a very Building Manager blending of oil products; strong position across the ASIA-PACIFIC and rail, truck, pipeline whole of the Asia-Pacific and discharging services. and Middle East region. / 46 / PUMA ENERGY / / 47 / PUMA ENERGY /
/ FUELLING / FUELLING GLOBAL THE WORLD EXPERTISE / / / FUELLING GLOBAL EXPERTISE / ISO accreditation TOP 6 terminals by storage capacity US$ CASE STUDY 2.0bn 1,431k m3 % OF ISO 9001 % OF ISO 14001 % OF Records shattered at CERTIFICATED CERTIFICATED AP1650/ Milford Haven TERMINALS IN TERMINALS IN NFPA 30 2016 2016 COMPLIANCE IN 2016 INVESTED our Matola terminal 814k m3 Langsat, Malaysia AMERICAS 24% 20% 94% in fuel storage Puma Energy in Mozambique is really 524k m3 Sillamäe, Estonia infrastructure delivering for its customers. AFRICA 44% 44% 72% since 2010 412k m3 GRC terminal, UAE EUROPE 91% 91% 91% New record set Our construction team set a new record when they 402k m3 Papua New Guinea refinery MIDDLE EAST AND ASIA-PACIFIC 58% 72% 97% built our state-of-the-art 115k m3 storage terminal in Matola, Mozambique, in only 13 months. But the record- Terminals built and acquired in 2016 are in the process of being certified. breaking did not end at the construction phase, as the 371 k m3 Paldiski, Estonia site currently accommodates up to 100 trucks every day. Setting new standards Fuelling that many customers in their trucks is a major task and we have set a new standard for an oil facility operating in the country – not just because up to 100 trucks (and sometimes more) are being loaded daily by the team, but also due to the safety standards we employ and the level of customer service that comes with one of our operations. Fuelling the region Historically, Mozambique has had a limited capacity to store / CORPORATE BROCHURE / / CORPORATE BROCHURE / fuel, so the rapid deployment of fuel at the Matola terminal is helping to keep the country moving and acting as a catalyst for maintaining the country’s impressive economic growth of recent years. It is also an important part of the oil supply infrastructure for the cost-effective and secure supply of fuel to the whole of the Southern African Development Conventional Community sub-region. buoy mooring system in Angola. We are helping to maintain MARINE SYSTEMS the country’s impressive economic growth of recent years. Our Puma Energy terminal Find case studies online here: in Mozambique distributes Our marine systems play a In recent years, we have www.pumaenergy.com/en/ and supplies fuel throughout about-us/case-studies/ critical role in securing the made significant investments Southern Africa. supply of energy for our in marine discharge systems customers in many parts in various locations where of the world. To meet our we have identified ways customers’ needs, we draw to improve the import on a wealth of experience in infrastructure. In 2016, Our storage facility constructing, maintaining and we undertook a complex at Thilawa, Myanmar Increasing our In Australia we upgraded operating jetties, berths and marine project to upgrade storage capacity the Mackay and Townsville offshore mooring systems. our underwater pipeline Around the world we have import terminals, greatly and multi-buoy mooring added to the capacity improving our infrastructure We have offshore mooring systems in Angola, Ghana, system at our Rasa storage of our terminals, beefing up in strategically important facility in El Salvador. the strength of our global locations close to the El Salvador, Guatemala, storage network. Australian mining industry. Honduras, Nicaragua and We also maintain a meticulous Belize, along with port oil vessel vetting process and Our new storage terminal We have opened new jetties in Puerto Rico, use a software system that at Thilawa in Myanmar commercial fuels terminal Myanmar, Indonesia, Papua complies with the standards opened fully in 2016. We at Matola in Mozambique. New Guinea, Democratic of the Oil Companies have also constructed a In the UK we recently Republic of the Congo, International Marine Forum. modern jetty at Thilawa. acquired a former refinery United Kingdom, Ivory This allows us to model each These facilities support both in Milford Haven, which has Coast and Dubai (UAE). of our marine systems and our expanding business in been converted to become consider the impacts of wind, Office Helper the country and Myanmar’s We operate one of the world’s a massive new storage largest conventional buoy waves and weather to assess ASIA-PACIFIC economic development. the risks involved. facility, capable of holding mooring systems in Luanda 1.4m m3 of fuel. Bay, Angola. / 48 / PUMA ENERGY / / 49 / PUMA ENERGY /
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