(Ecofin Agency) - Puma Energy, has announced that it has officially commenced operations in Ghana.

According to the company, partnering with Blue Ocean Investments for the storage business and UBI Petroleum, (now Puma Energy Distribution Ghana), on the retail side it plans to deliver quality and affordable fuel to Ghana.

“Puma Energy links local demand with international supply, through investment in infrastructure. In Ghana we have built partnerships with local players – Blue Ocean Investments and UBI Petroleum – in order to increase the fuel storage capacity of Ghana and to bring efficiencies and enhance economic growth,” Christophe Zyde the COO for Puma Energy Africa said.

For almost 10 years, Puma has been assisting the country’s fuel industry via the construction and operation of the CBM import system, which has been regularly available and is used to import all crude and most fuel products into Ghana.

The company through Blue Ocean Investments, has also constructed three new storage terminals at Kotoka International Airport (where it added storage capacity of 10,000 cubic meter to the existing 750 cubic meter depot), Tema Ridge and Takoradi.

“The increased capacity and security of supply provided by our investments into aviation storage at KIA and Tema Ridge means that Ghana can optimise its positioning as a hub for aviation in West Africa. The same goes for our investments into clean fuel storage at our Takoradi Terminal, which will be the first depot to store gasoline in Ghana’s Western Region,” Myles Bouvier-Baird, General Manager for Puma Energy in Ghana told My Joy news.

Anita Fatunji