Puma moves into UK storage at Milford Haven refinery

The refinery, which was previously shut down, has been sold to the Singapore company

Sale of the shut-down Milford Haven refinery brings Singapore’s Puma Energy into the UK’s oil products market. The company - in which oil trader Trafigura and Angola’s state-owned Sonangol are the main shareholders - acquired the facility in March and is to develop it as an import and storage terminal.  US company Murphy closed the refinery, in Wales, in November after negotiations to sell it to Klesch Refining broke down. Puma is buying the site and three inland terminals at Westerleigh, Theale and Bedworth, all in England, together with Murphy’s wholesale and distribution businesses in the UK. Storage capacity at the facilities amounts to 1.4 million cubic metres (cm) at present. Before th