Trafigura Unit Acquires Benin Liquefied Petroleum Gas Terminal

Puma Energy International, a subsidiary of Trafigura Beheer BV, acquired a liquefied petroleum gas terminal in the Benin port of Cotonou from Soagel SA, according to Puma.

The facility has a capacity of 5,000 cubic meters and employs 17 people, Puma Energy said in an e-mailed statement today. It will supply LPG to Benin and its neighboring countries, the company said.

“This acquisition is a new milestone for Puma Energy as it marks the company’s growth into LPG,” Puma’s head of Africa Christophe Zyde said in the statement. “We hope to develop our Benin business quickly.”

To contact the reporter on this story: Lananh Nguyen in London at lnguyen35@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

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