Puma Energy has invested K20 million to upgrade its existing terminal in Alotau.
In anticipation of the Districts growth and unique market demand, the company will build a modern terminal in a strategy to feed into this potential.
In a statement, the company said decision to upgrade the facility reinforces the company’s long-term commitment to invest in Papua New Guinea and to better serve the coastal community of the Milne Bay Province.
A ground breaking ceremony was held on Tuesday the 9th of August by the terminal team and construction crew.
The upgrade will involve replacing all major equipment and facilities in the terminal: new storage tanks, pump station, truck loading gantry, fire suppression system, shoreline protection, and a new office building.
The upgrade will also increase the terminal storage capacity to meet the customer demand and ensure compliance with today’s standards and regulations.
The construction and commissioning of the new terminal is expected by August 2018.
The company will focus on safety and minimizing disruption of supply to its customers.