(EnergyAsia, November 7 2014, Friday) — One of the world’s largest bitumen terminals with the capacity to store 74,000 tonnes of the petroleum product for paving roads officially started up in Malaysia’s Johor state this week.
Puma Energy, a Singapore-based global integrated midstream and downstream energy company, said it held an opening ceremony for the terminal at Tanjung Langsat at the southern end of the state on Wednesday.
Built to serve Asia’s growing bitumen demand, the terminal is equipped with state-of-the-art processing, blending and distribution facilities to store many grades of the product in bulk as well as process and upgrade them.
The terminal’s port jetty is able to handle vessels ranging in size from 1,000 to 45,000 deadweight tonnes (DWT).
“Puma Energy’s investment in Malaysia is a significant step forward as we build our global bitumen capability,” said Jonathan Ellisor, Puma Energy’s Global Supply Manager & Head of Bitumen.
“Bitumen is an increasingly global product with long range arbitrage becoming more common. Our Langsat terminal will allow us to widen the supply options to serve Asia’s fast-growing markets and to ensure security of supply across the region for many years to come.”
Established in 1997 as a midstream fuel trader and supplier to more than 40 countries, Puma Energy is also a significant supplier of 60/70 grade and other grades of bitumen to its global customers.
The company operates 79 terminals around the world, including 16 distributing bitumen, with six more expected to be launched over the coming year.