Puma Energy has completed the purchase of Murco Petroleum Limited’s UK assets.
They obtained all the required UK government and HMRC licenses as well as the support of the Welsh Government Assembly. The acquisition includes the Milford Haven facility in Wales and three inland terminals at Westerleigh, Theale and Bedworth, as well as Murco’s wholesale and distribution business in the UK.
The deal continues Puma Energy’s strategy of connecting supply from international markets to local distribution demand. Milford Haven is a sea-fed facility, located in Pembrokeshire on the west coast of Wales and one of the largest terminals currently readily available in North Western Europe. Puma said its strategic location will play a key role in ensuring a secure supply of oil products to the UK and Ireland, enabling large import volumes.