Fri. Jun 2nd, 2023

GENEVA, Oct 5 (Reuters) – The midstream and retail arm of Trafigura, Puma Vitality, has agreed to promote its Myanmar enterprise to an area personal firm, Puma mentioned in a press release on Wednesday.

“Puma Vitality has signed an settlement to promote its stake in Puma Vitality Asia Solar (PEAS) and minority share in Nationwide Vitality Puma Aviation Providers (NEPAS) to a domestically owned personal firm,” the assertion mentioned.

Puma’s curiosity in Myanmar contains the nation’s largest gas import terminal at Thilawa and aviation gas provides.

Puma initially suspended its operations in Myanmar following the army coup in February 2021 however later resumed distribution for civilian functions.

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Reporting by Julia Payne
Enhancing by Mark Potter

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