Puma Energy Enters Mexico

MEXICO CITY, March 7, 2016 /PRNewswire/ --

Puma Energy, the globally integrated midstream and downstream energy company, continues to expand its global footprint with entry into Mexico, initially with the supply of bitumen via a Joint Venture (JV) with Hidrosur, a hydrocarbon and energy distributor company located in Merida. The JV will supply three important markets in the Yucatan Peninsula: Yucatan, Campeche and Quintana Roo.

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The strategically integrated project brings together Puma Energy's state of the art shipping fleet, flexible transport solutions, product supply reliability and economies of scale for customers. The current capacity of 6,000 m3 of bitumen, will double in H1 2016 to 12,000 m3.

Rodrigo Zavala, Puma Energy's Chief Operating Officer for the Americas, expressed: "We have a clear focus: we are a global energy company, and we offer high-quality products in a safe, swift and reliable way, at a competitive price. This is the first of many important steps for Puma Energy into the Mexican oil products markets."