(EnergyAsia, July 24, Friday) — Dutch commodities trader Trafigura plans to invest US$400 million over the next two years to double its oil storage capacity to 25 million barrels at its sites in Africa, Malaysia, the Caribbean and Middle East. The expansions will be overseen by a wholly-owned subsidiary, Puma Energy. Trafigura is described as…
COMPANY: Trader Trafigura aims to double oil storage capacity
Posted on July 23, 2009 by EnergyAsia