LUANDA, Angola, April 21, 2015 /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.