Puma pounces on Myanmar oil deal

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Bangkok: Puma Energy has been selected to construct oil tanks and some parts of Thilawa Harbour in Myanmar.

Myanmar’s Ministry of Transport has approved the Puma Energy (Myanmar) Ltd as the successful tender applicant to import and distribute petroleum related products, and to construct oil storage tanks and build a part of Thilawa Harbour.

“As Puma Energy has received the required approval from the Ministry of Transport, now they have to submit the investment proposal to Myanmar Investment Commission,” said Kyaw Myint, General Manager at the Myanmar Ports Authority.

Thilawa SEZ is a multi-million dollar joint project between Myanmar and Japan and it includes a port to be built in Thanhlyn township in Yangon.

Source: Sea Ship News

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