Global mid and downstream energy company, Puma Energy has commissioned a new aviation fuel storage station at the Kotoka International Airport in Accra.
The station, which is designed to take 15,400 metric cube of aviation fuel is also aimed at making Ghana a hub for aviation fuel in the West African sub-region.
Speaking at a ceremony in Accra, the Chief Operating Officer for Puma Energy Africa Christophe Zyde stated that the company is operating in partnership with Blue Ocean Investments in the storage business and UBI Petroleum in the downstream sector.
“In Ghana we have built partnerships with local players …Blue Ocean Investments and UBI Petroleum in order to increase the fuel storage capacity of Ghana and to bring efficiencies and enhance economic growth,” he said.
He disclosed that the company has been supporting Ghana’s fuel industry for close to 10 years through the construction and operation of the CBM import system.
He stated that the company through Blue Ocean Investments has built two additional storage terminals at Tema Ridge and Takoradi.
“The increased capacity and security of supply provided by our investments into aviation storage at KIA and Tema Ridge means that Ghana can optimize its positioning as a hub for aviation in West Africa,” he said.
On his part, the General Manager for Puma Energy in Ghana, Myles Bouvier-Baird assured that the company will maintain high standards and invest in clean fuel storage.
According to him, the company has a reputation for achieving significant economies of scale and operating efficiently, which translates into competitive costing, managed risk, secured supply and seamless delivery.
Applauding the company for investing in Ghana, the Minister for Transport, Mr. Fiifi Kwetey stated that Ghana has a huge potential of becoming an aviation hub in the future.
“We expect that the increase in fuel will translate in an upsurge of air traffic to boost Ghana’s potential for trade and economic growth”, he said.
According to him, the increase capacity will also provide security of supply at the airport.
Source: citibusinessnews