Puma Energy Buys Oil Terminal in Northern Ireland From BP
November 10 2016 - 6:29AM
Dow Jones News
By Kevin Baxter
LONDON--Singapore-based Puma Energy has signed a deal with the
BP PLC (BP) to buy its bulk-storage fuel terminal in Belfast,
Northern Ireland.
In a statement Puma said that the Belfast Terminal provides
storage facilities for gasoline, distillates and aviation fuels and
has a total capacity of 143,000 cubic meters.
The site is located between George Best Belfast Airport and the
city harbour. Previously a refinery, it was converted into a
storage facility in 1982.
Puma didn't disclose the value of the deal.
The terminal adds to the 1.4 million cubic meter capacity
Milford Haven Terminal in the U.K. that Puma bought in 2015.
Write to Kevin Baxter at kevin.baxter@wsj.com
(END) Dow Jones Newswires
November 10, 2016 06:14 ET (11:14 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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