Puma Energy to buy BP fuel terminal in Northern Ireland
Puma Energy International BV has agreed to acquire BP PLC’s bulk storage fuel terminal in Belfast.
The terminal provides storage for gasoline, distillates, and aviation fuels, with road gantry loading facilities and a jetty berth capable of handling MR-class vessels. The site comprises 20 bulk fuel storage tanks with a working capacity of 143,000 cu m.
The 53-acre former refinery site is between George Best Belfast City Airport and Belfast Harbor. The refinery was opened in 1964 and converted to a terminal in 1982.
The addition takes Puma Energy’s global network of bulk storage terminals to 100, comprising 7.9 million cu m of storage capacity. The deal follows the purchase of the 1.4 million cu m Milford Haven terminal in Wales in 2015 (OGJ Online, Mar. 17, 2015).