GENEVA, Oct 5 (Reuters) – Puma Energy, Trafigura’s midstream and retail arm, has agreed to sell its Myanmar operations to a local private company, Puma said in a statement on Wednesday.
“Puma Energy has signed an agreement to sell its stake in Puma Energy Asia Sun (PEAS) and a minority stake in National Energy Puma Aerospace Services (NEPAS) to a local private company,” the statement said.
Puma’s interests in Myanmar include Thilawa, the country’s largest fuel import terminal, and aviation fuel supplies.
Following a military coup in February 2021, Puma initially suspended operations in Myanmar but has since resumed distribution for civilian purposes.
Sign up now for free unlimited access to Reuters.com
Julia Payne Reporting by Mark Porter Editing
Our Standard: The Thomson Reuters Trust Principles.