A conventional buoy mooring (CBM) has been installed in Luanda Bay to cater for tankers with a draught of up to 19.3 metres.
The CBM was installed by Pumangol, the Angolan subsidiary of Singapore-based Puma Energy and will cater for a variety of small and medium to large tankers.
The CBM is anchored in position inside the bay near the Pumangol facilities at the fishing port, which is being expanded in order to increase the storage capacity to 276,000 cubic metres initially. The CBM is connected ashore by pipeline
The facility’s capacity may be extended further to 393,000 cubic metres, says a statement issued by Pumangol. The cost of the project is expected to be US$400 million.
Pumangol entered into a partnership with Sonangol in 2004 to invest, recover and liberalise the oil sales and distribution industry.
The company currently has four business areas, including Pumangol Retalho, which operates fuel pumps, Pumangol Industrial, which sells fuel to industries, Pumangol Bunkering, which supplies fuel to ships and Angobetumes, which stores and distributes bitumen.
Pumangol is a subsidiary of Puma Energy, whose main shareholder is the Trafigura Beheer BV group of the Netherlands, focusing its activity on refining, distribution and transport of refinery products to consumers. – macauhub